Wall Street brokerages expect McDonald's Co. (NYSE:MCD) to announce earnings of $1.59 per share for the current quarter, according to Zacks. Nine analysts have made estimates for McDonald's’ earnings. The lowest EPS estimate is $1.53 and the highest is $1.64. McDonald's reported earnings of $1.44 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 10.4%. The firm is expected to report its next earnings report before the market opens on Tuesday, January 30th.

On average, analysts expect that McDonald's will report full-year earnings of $6.53 per share for the current financial year, with EPS estimates ranging from $6.47 to $6.59. For the next financial year, analysts expect that the company will post earnings of $7.17 per share, with EPS estimates ranging from $6.85 to $8.00. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover McDonald's.

McDonald's (NYSE:MCD) last announced its quarterly earnings results on Tuesday, October 24th. The fast-food giant reported $1.76 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.75 by $0.01. The company had revenue of $5.75 billion during the quarter, compared to analysts’ expectations of $5.75 billion. McDonald's had a negative return on equity of 216.45% and a net margin of 24.19%. The firm’s quarterly revenue was down 10.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.62 earnings per share.

Several research firms recently issued reports on MCD. JPMorgan Chase & Co. set a $186.00 price objective on McDonald's and gave the company a “buy” rating in a research note on Friday, January 12th. Barclays lifted their price objective on McDonald's from $193.00 to $205.00 and gave the company an “overweight” rating in a research note on Tuesday. Nomura set a $183.00 price objective on McDonald's and gave the company a “buy” rating in a research note on Tuesday, October 17th. Royal Bank of Canada set a $190.00 price objective on McDonald's and gave the company a “buy” rating in a research note on Tuesday, January 2nd. Finally, Goldman Sachs Group set a $190.00 price objective on McDonald's and gave the company a “buy” rating in a research note on Friday, January 5th. Nine research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $179.28.

In other news, VP James R. Sappington sold 8,046 shares of the business’s stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $165.00, for a total value of $1,327,590.00. Following the completion of the sale, the vice president now owns 15,739 shares of the company’s stock, valued at approximately $2,596,935. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Stephen Easterbrook sold 171,577 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $168.32, for a total value of $28,879,840.64. Following the completion of the sale, the insider now directly owns 49,778 shares of the company’s stock, valued at approximately $8,378,632.96. The disclosure for this sale can be found here. Insiders own 0.24% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Proficio Capital Partners LLC increased its holdings in McDonald's by 0.7% during the 2nd quarter. Proficio Capital Partners LLC now owns 745 shares of the fast-food giant’s stock valued at $117,000 after purchasing an additional 5 shares during the period. AlphaMark Advisors LLC increased its holdings in McDonald's by 0.4% during the 2nd quarter. AlphaMark Advisors LLC now owns 1,288 shares of the fast-food giant’s stock valued at $197,000 after purchasing an additional 5 shares during the period. Highland Private Wealth Management increased its holdings in McDonald's by 0.3% during the 2nd quarter. Highland Private Wealth Management now owns 2,182 shares of the fast-food giant’s stock valued at $335,000 after purchasing an additional 6 shares during the period. Winch Advisory Services LLC increased its holdings in McDonald's by 0.4% during the 2nd quarter. Winch Advisory Services LLC now owns 1,598 shares of the fast-food giant’s stock valued at $245,000 after purchasing an additional 7 shares during the period. Finally, Valmark Advisers Inc. increased its holdings in McDonald's by 0.3% during the 2nd quarter. Valmark Advisers Inc. now owns 2,381 shares of the fast-food giant’s stock valued at $365,000 after purchasing an additional 8 shares during the period. 67.30% of the stock is owned by institutional investors.

McDonald's (NYSE:MCD) opened at $175.46 on Wednesday. The firm has a market capitalization of $142,120.00, a price-to-earnings ratio of 25.32, a PEG ratio of 2.75 and a beta of 0.67. McDonald's has a 52-week low of $119.82 and a 52-week high of $175.78. The company has a debt-to-equity ratio of -8.17, a current ratio of 1.28 and a quick ratio of 1.27.

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McDonald's Company Profile

McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. The Company’s segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.

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Earnings History and Estimates for McDonald's (NYSE:MCD)

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