About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

McDonald’s (NYSE:MCD) failed to meet revenue estimates for the first time in four years, blaming its international business. For the fourth quarter, McDonald’s reported net income of $2 billion, $2.80 per share fully diluted, with revenue of $6.4 billion. Shares fell about 1.7% over the weekend and fell further once the market opened. MCD stock entered trade this morning at $287.74, a market capitalization of $210 billion and 25 times earnings.Not Loving ItThe miss on revenue was less than 1%, and the compa ...

Fast food giant McDonald's Corp (NYSE:MCD) announced a fourth-quarter earnings win earlier, but missed revenue expectations as conflict in the Middle East squeezed sales. The security is down 3.1% to trade at $287.73 at last check -- on track for for its worst single-day percentage loss since May -- and hit to its lowest level since December. MCD boasts a 8.9% year-over-year lead with long-term support at the 60-day moving average, though, and just scored a Jan. 22 all-time high of $302.39.Options volume is ...

For the quarter ended December 2023, McDonald's (MCD) reported revenue of $6.41 billion, up 8.1% over the same period last year. EPS came in at $2.95, compared to $2.59 in the year-ago quarter.The reported revenue represents a surprise of -1.04% over the Zacks Consensus Estimate of $6.47 billion. With the consensus EPS estimate being $2.81, the EPS surprise was +4.98%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...

McDonald's sales took a hit in the latest quarter due to the ongoing turmoil in the Middle East. It primarily impacted the international development licensed markets and segment whose same store sales increased a slim 0.7%. This small uptick reflected "the impact of the war in the Middle East," the company said, adding that it's "monitoring the evolving situation" but anticipates that there will be a continued negative impact on systemwide sales and revenue as long as the war continues. Ticker Security Last ...

Key PointsMcDonald's had a mixed quarter, but top-line weakness is negligible, and margins shined. The Mid-East war is weighing on growth in developing markets, but comps are still solid everywhere else. The stock may pull back 5% to 10%, setting up another buying opportunity with accelerating growth expected by year's end. 5 stocks we like better than McDonald'sMcDonald’s NYSE: MCD had a solid quarter, but headwinds cut into the top line and will persist for the foreseeable future. The headwinds include wa ...

McDonald's (MCD) came out with quarterly earnings of $2.95 per share, beating the Zacks Consensus Estimate of $2.81 per share. This compares to earnings of $2.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.98%. A quarter ago, it was expected that this world's biggest hamburger chain would post earnings of $3 per share when it actually produced earnings of $3.19, delivering a surprise of 6.33%.Over the last four quarters, ...

McDonald’s Corp.’s stock MCD, -0.35% was up by 0.8% in premarket trading Monday after the fast-food giant reported a fatter profit for the three months ended Dec. 31. McDonald’s said its fourth-quarter net income rose by 7% to $2.04 billion, or $2.80 a share, from $1.9 billion, or $2.59 a share, in the year-ago quarter. McDonald’s said the latest quarter’s results included 15 cents a share in one-time charges. Breaking those charges out, McDonald’s would have earned $1.95 a share. Analysts expected McDonal ...

McDonald’s Corp (NYSE: MCD) is trading down in premarket on Monday after reporting disappointing revenue for its fiscal fourth quarter.What hurt sales for McDonald’s in Q4?Copy link to sectionThe fast-food chain attributed weakness in its recently concluded quarter to an industry-wide decline in foot traffic in the last two months of 2023. Israel-Hamas war, it added, also weighed on sales in Q4 as many on social media called for a boycott after its Israeli franchisee announced discounts for soldiers. Still, ...

Visitors are attending a New Year event held by McDonald's in Shanghai, China, on January 25, 2024.McDonald's reported mixed quarterly results on Monday as turmoil in the Middle East took a toll on its sales in those markets.Shares of the company fell less than 1% in premarket trading.Here's what McDonald's reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: $2.95 adjusted vs. $2.82 expectedRevenue: $6.41 billion vs. $ ...