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McDonald's (MCD) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-02-05 15:31
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 hit over Middle East conflict
Fox Business· 2024-02-05 15:15
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 ...
McDonald's stock serves up a buy-the-dip opportunity
MarketBeat· 2024-02-05 14:46
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) Surpasses Q4 Earnings Estimates
Zacks Investment Research· 2024-02-05 14:11
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 stock rises on higher Q4 profit
Market Watch· 2024-02-05 12:24
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 ...
McDonalds come in shy of revenue estimates in Q4
Invezz· 2024-02-05 12:06
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, ...
McDonald's revenue misses estimates as Middle East conflict weighs on quarterly sales
CNBC· 2024-02-05 12:05
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. $ ...
Will McDonald's Bigger Burgers Help Sales?
24/7 Wall Street· 2024-02-05 11:45
Will McDonald's Bigger Burgers Help Sales? M. Suhail / iStock Editorial via Getty Images McDonald’s Corp. (NYSE: MCD) has started to sell bigger, better burgers. Investors can watch as the fast-food giant finds out if its experiment will work. The first announcement of the “best burgers ever” was made in April last year. Customers would get softer buns, more Big Mac sauce, carefully melted cheese, and new white onions. After almost 10 months, the products are available at thousands of locations.Some of th ...
财报前瞻 | 涨价后推出增收新计划,麦当劳(MCD.US)很难不“赢”?
Zhi Tong Cai Jing· 2024-02-05 02:01
智通财经获悉,麦当劳(MCD.US)将于周一美股盘前公布第四季度财务业绩。分析师预计其营收和每股收益同比均将增长近9%,分别至64.5亿美元和2.83美元,麦当劳在过去8个季度中只有一次每股收益低于预期,而两次收入低于预期。与此同时,麦当劳还退出了升级了汉堡的“最佳汉堡(Best Burger)”的计划,但目前销量是否会获得提振仍有待观察。 麦当劳美国同店销售额恐承压 投资者将密切关注麦当劳美国销售的弹性,因为在低通胀背景下,菜单价格定价趋于温和。他们还将关注本季度这家连锁餐厅在国际市场的表现,尤其是在首席执行官Chris Kempczinski表示,由于以色列和哈马斯的冲突,中东和中东以外的一些市场受到了影响。Baird分析师David Tarantino将麦当劳第四季度、2024年和明年的每股收益预期分别下调了不到1%,以考虑到与中东冲突有关的麦当劳发展许可市场部门可能受到的拖累。 麦当劳最近几个季度的表现优于竞争对手,这得益于其菜单的价格上涨,以及高收入客户转而购买这家快餐巨头。不过,由于低收入食客减少了光顾麦当劳的次数,第三季度麦当劳在美国的客流量有所下降。据StreetAccount估计,分析师预计 ...
What To Expect From McDonald's Q4 After Stock Up 13% Since 2023?
Forbes· 2024-02-02 17:00
WELLINGTON, UNITED KINGDOM - JANUARY 30: The sun sets behind the Golden Arches logo displayed ... [+] outside a branch of the fast food restaurant McDonald's, on January 30, 2024 in Wellington, England. (Photo by Anna Barclay/Getty Images)Getty ImagesMcDonald's stock (NYSE: MCD), a restaurant chain consisting of more than 40,000 mostly franchised stores, is scheduled to report its fiscal fourth-quarter results on Monday, February 5. We expect MCD stock to likely see little to no movement with revenues and e ...