McDonald's (MCD) PT Raised to $280 at Truist Securities

McDonald's (MCD) PT Raised to $275 at CFRA

January 27, 2022 12:49 PM EST

CFRA raised its price target on McDonald's (NYSE: MCD) to $275.00 (from $262.00) while maintaining a Buy rating.

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McDonald's (MCD) Stock Dips as Earnings Show Costs are Surging, Analysts Remain Encouraged

January 27, 2022 9:45 AM EST

Shares of McDonalds (NYSE: MCD) are down over 1% in pre-market after the company reported worse-than-expected Q4 2021 earnings and revenue results as a result of elevated costs.

This is the fourth time the fast-food company missed consensus estimates in the last eight quarters, sending its stock down.

For the quarter that ended December 31, McDonalds reported adjusted EPS of $2.23, falling short of the consensus estimate of $2.34. Revenue came in at $6.01 billion, compared to analyst estimates of $6.03 billion.

During the period, the company generated a net income of $1.64 billion, or $2.18... More

Pre-Open Stock Movers 01/27: (GLPG) (NOW) (XM) Higher; (EPZM) (LC) (ZYME) Lower (more...)

January 27, 2022 9:17 AM EST

Pre-Open Stock Movers:

Epizyme, Inc. (Nasdaq: EPZM) 31% LOWER; announced the pricing of an underwritten public offering of 56,666,667 shares of its common stock at a price to the public of $1.50 per share, before underwriting discounts.

LendingClub (NYSE: LC) 20% LOWER; reported Q4 EPS of $0.27, $0.05 better than the analyst estimate of $0.22. Revenue for the quarter came in at $262.2 million versus the consensus estimate of $245.8 million. LendingClub sees Q1 2022 revenue of $255-265 million, versus the consensus of $257 million. LendingClub... More

McDonald's profit hit by rising costs, pandemic curbs

January 27, 2022 7:08 AM EST

By Praveen Paramasivam and Hilary Russ

(Reuters) -McDonald's Corp missed revenue and profit expectations on Thursday, as higher costs and tepid sales in its over 4,500 restaurants in Australia and China due to pandemic-led curbs ate into gains from growth in the United States in the fourth quarter.

Operating costs rose 14% to $3.61 billion as supply chain bottlenecks led the world's largest burger chain to spend more for ingredients such as chicken and beef, as well as packaging material.

U.S. food... More

McDonald's (MCD) Misses Q4 EPS by 11c

January 27, 2022 7:01 AM EST

McDonald's (NYSE: MCD) reported Q4 EPS of $2.23, $0.11 worse than the analyst estimate of $2.34. Revenue for the quarter came in at $6.01 billion versus the consensus estimate of $6.03 billion.

Global comparable sales increased 12.3% (10.8% on a 2-year basis), reflecting positive comparable sales across all... More