McDonald's's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
McDonald's is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $2.83. The company's past performance shows a pattern of beating EPS estimates but experiencing slight share price drops afterwards. The stock is currently trading at $255.83, down 5.74% over the last 52-week period.
October 27, 2023 | 2:00 pm
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McDonald's is expected to report an EPS of $2.83 for Q3 2023. The company's stock has been down 5.74% over the past year, and past earnings releases have been followed by slight share price drops.
McDonald's has a history of beating EPS estimates, which is generally a positive signal. However, the stock price has typically dropped slightly after earnings releases, indicating that investors may have different expectations. The overall negative return over the past year also suggests some investor dissatisfaction.
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RELEVANCE 100