McDonald's Reports Third Quarter 2020 Results

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Raymond James Reiterates Market Perform Rating on McDonald's (MCD)

November 10, 2020 7:51 AM EST

Raymond James analyst Brian Vaccaro reiterated a Market Perform rating on McDonald's (NYSE: MCD) following the company's virtual Investor Day presentation. Raymond James reduced 2021/22 EPS estimates to $8.27/$8.85. Vaccaro views the stock as fairly valued.

McDonald's reported 3Q adjusted EPS of $2.22 that was... More

McDonald's (MCD) Tops Q3 EPS by 32c; U.S. Comps Rose 4.6%

November 9, 2020 6:59 AM EST

McDonald's (NYSE: MCD) reported Q3 EPS of $2.22, $0.32 better than the analyst estimate of $1.90. Revenue for the quarter came in at $5.42 billion versus the consensus estimate of $5.4 billion.

Global comparable sales declined 2.2%. Monthly comparable sales results improved sequentially for all segments throughout the... More