McDonald's (MCD) Reports Next Week: Wall Street Expects Earnings Growth

Company Overview - McDonald's is expected to report quarterly earnings of $3.15 per share, reflecting a year-over-year increase of +6.1% [3] - Revenues are anticipated to reach $6.71 billion, which is a 3.5% increase from the same quarter last year [3] Earnings Estimates and Revisions - The consensus EPS estimate has been revised 0.51% higher in the last 30 days, indicating a positive reassessment by analysts [4] - The Most Accurate Estimate for McDonald's is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.43% [12] Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [10] - McDonald's currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [12] Historical Performance - In the last reported quarter, McDonald's exceeded the expected earnings of $2.64 per share by posting $2.67, achieving a surprise of +1.14% [13] - Over the past four quarters, McDonald's has beaten consensus EPS estimates two times [14] Industry Context - Portillo's Inc., another player in the Zacks Retail - Restaurants industry, is expected to post earnings of $0.12 per share, indicating a year-over-year change of +20% [18] - Portillo's revenues are projected to be $195.3 million, up 7.4% from the previous year [18] - Despite a recent revision of the consensus EPS estimate being 5.6% lower, Portillo's has a higher Most Accurate Estimate leading to an Earnings ESP of +10.64% [19]