Wednesday July 28, 2021, 09:45:51
Earlier today, McDonald’s reported adjusted Q2 EPS of $2.37, ahead of our $2.13 estimate and sell-side consensus (according to Consensus Metrix) of $2.12. Currencies helped Q2 EPS by +13 cents. Management looks for Q3 EPS to be helped by about +3 to +5 cents due to favorable currencies. The full-year outlook is +20 to +22 cents, suggesting perhaps a -2 cent hit to Q4 EPS.
Wednesday July 21, 2021, 16:31:28
Today we publish part 2 of 2 of the July 2021 edition of our proprietary McDonald’s Franchisee Survey. Much of this report focuses on challenges around labor availability.
Tuesday July 20, 2021, 17:21:31
McDonald’s plans to release its Q2 earnings before the market open on Wednesday, July 28th. For Q2E, we retain our existing McDonald’s U.S. same-store sales forecast of +24.3%. According to Consensus Metrix data, sell-side consensus has drifted upward in recent days to +24.0% — nearly coming to equal the Q2E projection we went to this past April 22nd.
Thursday October 10, 2024
Thursday October 10, 2024