McDONALD'S REPORTS THIRD QUARTER 2022 RESULTS
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October 27, 2022 5:06 PM EDT
Cowen analyst Andrew Charles raised the price target on McDonald's (NYSE: MCD) to $293.00 (from $280.00) while maintaining an Outperform rating.
The analyst commented, "We are encouraged by MCD's proven playbook to drive U.S. outperformance and gain share in IOM/Europe amid a fragile... More
October 27, 2022 12:57 PM EDT
Truist Securities analyst Jake Bartlett raised the price target on McDonald's (NYSE: MCD) to $300.00 (from $276.00) while maintaining a Buy rating following earnings.
The analyst commented, "Following 3Q22 results (SSS and EPS beat), we are increasing our ests. and PT to $300, from $276. SSS... More
October 27, 2022 7:01 AM EDT
McDonald's (NYSE: MCD) reported Q3 EPS of $2.68, $0.09 better than the analyst estimate of $2.59. Revenue for the quarter came in at $5.87 billion versus the consensus estimate of $5.72 billion.
Global comparable sales increased nearly 10%, with growth across all segmentsU.S. comparable sales...
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