McDonald's (MCD) Misses Q1 EPS by 2c
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McDonald's (MCD) PT Lowered to $330 at BMO Capital
May 1, 2024 6:45 AM EDTBMO Capital analyst Andrew Strelzik lowered the price target on McDonald's (NYSE: MCD) to $330.00 (from $335.00) while maintaining a Outperform rating.
The analyst comments "MCD's 1Q24 EPS of $2.70 fell $0.02 below consensus largely owing to modest comp miss across segments attributed to softer industry traffic. MCD... More
McDonald's (MCD) Q1 comparable sales growth falls short
April 30, 2024 7:09 AM EDT(Updated - April 30, 2024 11:01 AM EDT)
McDonald's (NYSE: MCD) reported Q1 earnings and comparable sales that missed analyst estimates, initially sending its shares lower Tuesday before the stock recovered its losses.
As of 10:57 am ET, MCD's stock is up 1% at $276.19 per share.
The fast food giant reported Q1 earnings per share (EPS) of $2.70, slightly below the consensus estimate of $2.72. Revenue stood at $6.17 billion, marginally surpassing the consensus estimate of $6.16 billion.
Comparable sales rose by 1.9%,... More
