McDonald's Corporation (NYSE:MCD) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Mike Cieplak - IR Chris Kempczinski - President and CEO Ian Borden - SVP and CFO Conference Call Participants David Tarantino - Robert W. Baird Brian Harbour - Morgan Stanley Dennis Geiger - UBS John Ivankoe - J.P. Morgan Chase David Palmer - Evercore ISI Eric Gonzalez - KeyBanc Capital Markets Sara Senatore - Bank of America Lauren Silberman - Deutsche Bank Brian Bittner - Oppenheimer & Co. And ...

McDonald's (MCD) reported $6.17 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 4.6%. EPS of $2.70 for the same period compares to $2.63 a year ago.The reported revenue represents a surprise of +0.01% over the Zacks Consensus Estimate of $6.17 billion. With the consensus EPS estimate being $2.71, the EPS surprise was -0.37%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...

Key PointsMcDonald's had a solid Q1 despite missing analysts' estimates. Headwinds exist that will impact revenue and profitability this year.Analysts' coverage is broad and leading the market to a new high. 5 stocks we like better than McDonald'sMcDonald’s Corporation NYSE: MCD share price is down from its peak, but this is good news for investors. The trend in MCD stock is up, and the move to retest support at the long-term EMA is a budding trend-following entry supported by results. McDonald’s Q1 results ...

McDonald’s earnings fell short of expectations as its inflation-weary menu prices and boycotts at its Middle Eastern franchises hurt profits.McDonald’s reported first-quarter net income of $1.93 billion, or $2.66 per share on Tuesday. Excluding restructuring charges, the Golden Arches earned $2.70 per share. Though it was up from the year-ago period, it missed Wall Street’s $2.72-per-share expectations. 5 McDonald’s reported first-quarter earnings on Tuesday that widely came in below Wall Street’s expecta ...

McDonald's (MCD) came out with quarterly earnings of $2.70 per share, missing the Zacks Consensus Estimate of $2.71 per share. This compares to earnings of $2.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.37%. A quarter ago, it was expected that this world's biggest hamburger chain would post earnings of $2.81 per share when it actually produced earnings of $2.95, delivering a surprise of 4.98%.Over the last four quart ...

Exhibit 99.2 McDonald's Corporation Supplemental Information (Unaudited) Quarter Ended March 31, 2024 Impact of the War in the Middle East 1 Impact of Foreign Currency Translation 1 Net Income and Diluted Earnings per Share 2 Revenues 3 Comparable Sales 4 Systemwide Sales and Franchised Sales 4 Restaurant Margins 5 Selling, General & Administrative Expenses 5 Other Operating (Income) Expense, Net 6 Operating Income 6 Interest Expense 7 Nonoperating (Income) Expense, Net 7 Income Taxes 7 Outlook 8 Restaurant ...

McDonald's is expected to report its first-quarter earnings before the bell on Tuesday.Here's what Wall Street analysts surveyed by LSEG are expecting:Earnings per share: $2.72 expectedRevenue: $6.16 billion expectedThe fast-food giant reported disappointing fourth-quarter sales. Boycotts after its Israeli licensee offered discounts for soldiers pressured sales in the Middle East and some markets outside of the region. The company has also had to shutter some locations temporarily to ensure employees' safet ...

YICHANG, CHINA - APRIL 18, 2024 - A McDonald's store is seen in Yichang, Hubei province, China, ... [+] April 18, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images)Future Publishing via Getty ImagesMcDonald's stock (NYSE: MCD), a restaurant chain consisting of more than 40,000 mostly franchised stores, is scheduled to report its fiscal first-quarter results on Tuesday, April 30. We expect MCD stock to likely trade higher with both revenues and earnings beating expectations in Q1 resul ...

It's not too late to make money but it might be too late for a high upside.Since going public in the 1960s, McDonald's (MCD -0.91%) has likely minted more than a few millionaires, given its sensational stock returns. The company has opened tens of thousands of restaurant locations worldwide since going public. And it outsourced much of its restaurant operations to third-party franchisees, boosting corporate margins.But is it too late to buy McDonald's stock in 2024? Well, that depends on what you're looking ...

Wall Street analysts forecast that McDonald's (MCD) will report quarterly earnings of $2.70 per share in its upcoming release, pointing to a year-over-year increase of 2.7%. It is anticipated that revenues will amount to $6.17 billion, exhibiting an increase of 4.7% compared to the year-ago quarter.The current level reflects a downward revision of 0.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised thei ...