MCD Earnings Prediction
The chart below shows how MCD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MCD sees a -0.89% change in stock price 10 days leading up to the earnings, and a +1.34% change 10 days following the report. On the earnings day itself, the stock moves by +0.62%. This data can give you a slight idea of what to expect for the next quarter's release.
MCD Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
6.87B
2.70%
5.90%
Gross Margin
56.38%
-2.34%
-1.59%
Operating Margin
46.95%
-1.30%
0.62%
Net Margin
32.81%
-5.23%
5.30%
EPS
3.13
-1.26%
11.79%
No Data Available
MCD Earnings Analysis
McDonald's Corporation Corporation (MCD.N) Earnings Conference Call
Positive
Positive Comp Sales Growth: U.S. comp sales were positive for the third quarter, driven by taking action on what we can control, providing compelling value, generating menu excitement, and using the full power of our marketing.
QSR Industry Performance: The U.S. outperformed the QSR industry comp sales and guest counts for the quarter, achieving the highest guest count gap to most near-end competitors since the first quarter of 2023.
Earnings Per Share Increase: Adjusted earnings per share was $3.23 for the quarter, an increase compared to the prior year of about 1% in constant currencies.
Restaurant Margin Performance: Top-line results generated over $3.8 billion in restaurant margin for the quarter, highlighting the durability of our business model.
Dividend Increase Announcement: The Board of Directors approved a 6% dividend increase to the equivalent of $7.08 per share annually, marking the 48th consecutive dividend increase.
Negative
QSR Sector Traffic Decline: The QSR sector had meaningfully slowed in many of our markets with industry traffic declined in several major markets, and that consumers, especially those in the low-income category, were choosing to eat at home more often.
Restaurant Margin Performance: Despite the pressured consumer spending environment, we've discussed this morning, top-line results generated over $3.8 billion in restaurant margin for the quarter.
Underperformance in Challenging Market: Our performance so far this year has fallen short of expectations, with negative global comps for the quarter amid a challenging industry environment.
International Market Challenges: Our international markets saw negative comps for the quarter, reflective of the contracting QSR industry where customers continue to be more intentional with the dollars they spend, mostly driven by France and the UK.
Earnings Per Share Increase: Our adjusted earnings per share was $3.23 for the quarter, an increase compared to the prior year of about 1% in constant currencies, despite the pressured consumer spending environment.
MCD FAQs
How does MCD typically perform around its earnings report dates?
Is McDonald's Corporation (MCD) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
MCD Earning Call Sentiment
McDonald's Corporation (MCD) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
MCD.N
2.67%Positive
The earnings call summary shows mixed signals. Financial performance is steady with a slight EPS increase and strong operating margins, but interest expenses are rising, and competitive pressures are significant. The dividend increase is positive for shareholder returns. The Q&A reveals management's proactive approach to food safety concerns, but analysts remain cautious about the competitive and economic environment. The lack of specific guidance on food safety impacts adds uncertainty. Overall, the combination of stable financials, competitive challenges, and food safety issues suggests a neutral stock price movement over the next two weeks.