MCD (Post-Call): Robust Results Across the McBoard
By Ryan D. Lavender
Published on April 29, 2021 at 1:10 PM
Earlier today, McDonald’s reported Q1 adjusted EPS of $1.92, above our $1.86 forecast and sell-side consensus (according to Consensus Metrix) of $1.82. The EPS outperformance was driven by better-than-expected same-store sales in each of McDonald’s three major business segments.