McDonald's (MCD) PT Raised to $300 at Truist Securities
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McDonald's (MCD) PT Raised to $293 at Cowen
October 27, 2022 5:06 PM EDTCowen 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
Analysts Praise McDonald's (MCD) After Another Earnings Beat
October 27, 2022 9:29 AM EDTShares of McDonald's (NYSE: MCD) are up about 2% in pre-open trading Thursday after the fast-food restaurant chain reported better-than-expected results.
McDonalds reported a Q3 EPS beat of $2.68 to top the analyst consensus of $2.59. Revenue for the quarter came in at $5.87 billion, again better than the consensus estimate of $5.72... More
McDonald's tops profit estimates, draws low-income customers
October 27, 2022 7:03 AM EDTBy Uday Sampath Kumar and Hilary Russ
(Reuters) -McDonald's Corp beat quarterly comparable sales and profit estimates on Thursday, helped by higher menu prices and an increase in restaurant traffic from inflation-weary customers looking for value meals.
The company's shares rose 3.5% to $265.69.
Like other fast-food chains, McDonald's raised prices of its burgers and fries to keep up with surging commodity and labor costs. Its U.S. menu prices rose over 10% in the third quarter ended Sept. 30 versus the prior year.
Even so, consumers are still flocking to the chain from more expensive restaurants in Europe and... More
McDonald's (MCD) Tops Q3 EPS by 9c
October 27, 2022 7:01 AM EDTMcDonald'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... MoreMcDonald's (MCD) October weekly 255 straddle priced into quarter results
October 26, 2022 4:51 AM EDTMcDonald's (NYSE: MCD) October weekly 255 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on October 27.
... More