McDonald’s Earnings Preview: Get Ahead of the Analysts
McDonald’s (NYSE:MCD) will report earnings before markets open on Monday, July 22nd. McDonald’s Corporation operates and franchises fast-food restaurants worldwide. The Company’s franchised and company operated fast food restaurants offer a variety of low price fast foods in locations around the world.
Here is your Cheat Sheet to Mcdonald’s Earnings:
Earnings Expectations: Analysts expect earnings of $1.40 per share on revenues of $7.10 billion. Currently, the company’s P/E ratio stands at 18.69.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.57 to a profit $1.55. For the current year, the average estimate is a profit of $5.69, which is worse than the estimate ninety days ago.
Here’s how Mcdonald’s has been performing on an annual basis:
|Revenue ($) in millions||23,522||22,745||24,075||27,006||27,567|
|Diluted EPS ($)||3.76||4.11||4.58||5.27||5.36|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||6,915.90||7,152.40||6,952.10||6,605.30|
|Diluted EPS ($)||1.32||1.43||1.38||1.26|
Mcdonald’s has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)