McDonald's (MCD) PT Raised to $142 at Nomura
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UBS Raises Price Target on McDonald's (MCD) Following 1Q Earnings Call
April 25, 2016 10:40 AM EDTUBS maintained a Buy rating on McDonald's (NYSE: MCD), and raised the price target to $138.00 (from $131.00), following the company's 1Q earnings call. Impressive U.S. sales were driven by improved ops, compelling value, product news, and asset upgrades, and helped drive a +6% improvement... More
McDonald's (MCD) PT, Estimate Lifted at RBC Capital Following Q1 Results
April 25, 2016 6:28 AM EDTRBC Capital analyst David Palmer reiterated an Outperform rating and raised his price target on McDonald's (NYSE: MCD) to $140.00 (from $135.00) as a result of our outlook for higher (and above-consensus) EPS growth and accelerating ROIC gains through 2018.
"Following 1Q... More
All-day breakfast, promotions drive McDonald's profit beat
April 22, 2016 8:07 AM EDTBy Yashaswini Swamynathan and Lisa Baertlein
(Reuters) - McDonald's Corp's (NYSE: MCD) quarterly earnings jumped more than expected in the latest quarter, as all-day breakfasts and new meal deals lured more diners to its U.S. restaurants which contribute about 40 percent of overall profit.
Shares in the world's largest fast-food chain are up nearly 28 percent from a year ago, when then-new Chief Executive Steve Easterbrook launched a turnaround plan that has included simplifying sprawling menus and improving speed and service to counter intense competition from the likes of Burger King (NYSE:... More
McDonald's (MCD) Tops Q1 EPS by 7c; Comps Rose 6.2%, Topping Views
April 22, 2016 7:59 AM EDTMcDonald's (NYSE: MCD) reported Q1 EPS of $1.23, $0.07 better than the analyst estimate of $1.16. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $5.82 billion.
Comps rose 6.2 percent, versus up 4.5 percent expected.
In the U.S., first quarter comparable sales increased 5.4... More
