Stephens Downgrades McDonald's (MCD) to Equal Weight
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McDonald's (MCD) Estimates Cut at Jefferies Amid Disappointing Q2
July 23, 2014 8:26 AM EDTJefferies analyst Andy Barish reiterated a Hold rating and $95 price target on McDonald's (NYSE: MCD) while lowering estimates amid disappointing Q2 results.
Barish comments, "June SSS -2.5% vs cons 0.8%, and $1.40 EPS missed by 4c as margins delevered. July SSS remain negative... More
Sterne Agee Downgrades McDonald's (MCD) to Neutral
July 23, 2014 7:45 AM EDTSterne Agee downgraded McDonald's (NYSE: MCD) from Buy to Neutral and removed its price target (prior $107.00).
For an analyst ratings summary and ratings history on McDonald's click here. For more ratings news on McDonald's click here.
Shares of McDonald's closed at $96.27 yesterday.
... MoreBaird Downgrades McDonald's (MCD) to Neutral
July 23, 2014 6:59 AM EDTBaird downgraded McDonald's (NYSE: MCD) from Outperform to Neutral with a price target of $98.00 (from $104.00).
For an analyst ratings summary and ratings history on McDonald's click here. For more ratings news on McDonald's click here.
Shares of McDonald's closed at $96.27 yesterday.
... MoreSusquehanna Downgrades McDonald's (MCD) to Neutral
July 23, 2014 6:58 AM EDTSusquehanna downgraded McDonald's (NYSE: MCD) from Positive to Neutral with a price target of $98.00 (from $109.00).
For an analyst ratings summary and ratings history on McDonald's click here. For more ratings news on McDonald's click here.
Shares of McDonald's closed at $96.27 yesterday.
... MoreMcDonalds Corp. (MCD) Misses Q2 EPS by 4c
July 22, 2014 7:58 AM EDTMcDonalds Corp. (NYSE: MCD) reported Q2 EPS of $1.40, $0.04 worse than the analyst estimate of $1.44. Revenue for the quarter came in at $7.18 billion versus the consensus estimate of $7.28 billion.
Global comparable sales were relatively flat, reflecting higher average check and negative guest traffic in all major segments.
In the U.S., second quarter comparable sales decreased 1.5% while operating income rose 1%. Results for the quarter reflected negative comparable guest traffic amid ongoing broad-based challenges. Looking ahead, McDonald's U.S. is intent on strengthening the overall customer experience to effectively position the segment for long-term... More
