Preview: McDonald's's Earnings
Portfolio Pulse from Benzinga Insights
McDonald's (NYSE:MCD) is set to release its quarterly earnings report on July 27, 2023. Analysts estimate an earnings per share (EPS) of $2.52. The company's past performance shows a pattern of beating EPS estimates, but this has sometimes been followed by a drop in share price. McDonald's shares were trading at $292.36 as of July 25, with a 10.05% increase over the last 52-week period.
July 26, 2023 | 2:02 pm
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McDonald's is expected to report an EPS of $2.52 in its upcoming earnings. Despite beating EPS estimates in the past, the share price has sometimes dropped. The stock is currently trading at $292.36.
The upcoming earnings report is a significant event for McDonald's. While the company has a history of beating EPS estimates, this has not always led to an immediate increase in share price. Given the current trading price and the 10.05% increase over the last 52-week period, investors appear to be generally positive about the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100