McDonald’s Corp. (MCD - Free Report) is a leading fast-food chain that offers various food items, soft drinks, coffee, and other beverages, as well as breakfast menus. The company aims to continuously build its brand by adapting to changing consumer preference.
Earnings Estimate Revision: The Zacks Consensus Estimate for 2018 has witnessed downward revision over the past 7 days. In the trailing four quarters (excluding the quarter under review), the company has outperformed the Zacks Consensus Estimate by an average of 5.5%.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: MCD beats on earnings. Our consensus earnings estimate called for earnings per share of $1.92, and the company reported adjusted earnings of $1.99 per share.
McDonald's Corporation Price, Consensus and EPS Surprise
Revenues: MCD reported revenues of nearly $5,353.9 million. This surpassed our consensus estimate of $5,315 million.
Key Stats to Note: Global comps for the second-quarter 2018 grew 4%.
Zacks Rank: MCD currently has a Zacks Rank #3 (Hold) but that could change following McDonald’s earnings report which was just released.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Check back later for our full write up on this MCD earnings report!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
McDonald’s Corp. (MCD - Free Report) is a leading fast-food chain that offers various food items, soft drinks, coffee, and other beverages, as well as breakfast menus. The company aims to continuously build its brand by adapting to changing consumer preference.
Earnings Estimate Revision: The Zacks Consensus Estimate for 2018 has witnessed downward revision over the past 7 days. In the trailing four quarters (excluding the quarter under review), the company has outperformed the Zacks Consensus Estimate by an average of 5.5%.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: MCD beats on earnings. Our consensus earnings estimate called for earnings per share of $1.92, and the company reported adjusted earnings of $1.99 per share.
McDonald's Corporation Price, Consensus and EPS Surprise
Revenues: MCD reported revenues of nearly $5,353.9 million. This surpassed our consensus estimate of $5,315 million.
Key Stats to Note: Global comps for the second-quarter 2018 grew 4%.
Zacks Rank: MCD currently has a Zacks Rank #3 (Hold) but that could change following McDonald’s earnings report which was just released.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Check back later for our full write up on this MCD earnings report!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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