McDONALD'S REPORTS FIRST QUARTER 2023 RESULTS
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McDonald's (MCD) PT Raised to $325 at Guggenheim
April 26, 2023 6:13 AM EDTGuggenheim analyst Gregory Francfort raised the price target on McDonald's (NYSE: MCD) to $325.00 (from $305.00) while maintaining a Buy rating.
The analyst commented, "McDonalds posted a very strong 1Q23 with EPS of $2.45 (that does not back out an $0.18 restructuring charge) vs. our $2.35 estimate. We... More
McDonald's (MCD) Tops Q1 EPS by 30c
April 25, 2023 7:02 AM EDTMcDonald's (NYSE: MCD) reported Q1 EPS of $2.63, $0.30 better than the analyst estimate of $2.33. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $5.57 billion.
Comparable sales increased nearly 13% for the quarter, both globally and across each segmentFor earnings history and earnings-related data on McDonald's (MCD) click here.
... More