Why Is McDonald's (MCD) Up 1.2% Since Last Earnings Report?

Zacks11-29

A month has gone by since the last earnings report for McDonald's (MCD). Shares have added about 1.2% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2487034477?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/26ddEdIk.0DefsBmi91u3Q--~B/aD01OTg7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/21b1f011539d3e31c28282071d344177","is_english":true,"pubTime":"2024-11-29 00:31","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2487034477","market":"us","top_or_hot":-1,"title":"Why Is McDonald's (MCD) Up 1.2% Since Last Earnings Report?","media":"Zacks","content":"<div>\n<p>A month has gone by since the last earnings report for McDonald's (MCD). Shares have added about 1.2% in that time frame, underperforming the S&P 500.\nWill the recent positive trend continue leading ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-mcdonalds-mcd-1-2-163140811.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is McDonald's (MCD) Up 1.2% Since Last Earnings Report?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is McDonald's (MCD) Up 1.2% Since Last Earnings Report?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-29 00:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-mcdonalds-mcd-1-2-163140811.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A month has gone by since the last earnings report for McDonald's (MCD). Shares have added about 1.2% in that time frame, underperforming the S&P 500.\nWill the recent positive trend continue leading ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-mcdonalds-mcd-1-2-163140811.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MCD","symbol_name":"麦当劳","start_time":0,"source_url":"https://finance.yahoo.com/news/why-mcdonalds-mcd-1-2-163140811.html","article_id":"2487034477","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/26ddEdIk.0DefsBmi91u3Q--~B/aD01OTg7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/21b1f011539d3e31c28282071d344177"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2487034477","pubTimestamp":1732811500,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"A month has gone by since the last earnings report for McDonald's . Shares have added about 1.2% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is McDonald's due for a pullback?Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.McDonald's reported third-quarter 2024 results, with both earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis.In the quarter under discussion, global comps declined 1.5% against 8.8% growth in the prior-year quarter. Our estimate was a 0.6% decline year over year. The company’s comps decreased for the second straight quarter.In the third quarter, McDonald’s total operating costs and expenses were $3.69","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"MCD":"麦当劳"},"translate_title":"为什么麦当劳(MCD)自上次盈利报告以来上涨了1.2%？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MCD":1},"content_text":"A month has gone by since the last earnings report for McDonald's (MCD). Shares have added about 1.2% in that time frame, underperforming the S&P 500.\nWill the recent positive trend continue leading up to its next earnings release, or is McDonald's due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. \nMcDonald's Q3 Earnings & Revenues Beat Estimates\nMcDonald's reported third-quarter 2024 results, with both earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis.\nMCD’s Earnings & Revenue Performance\nIn third-quarter 2024, McDonald's reported adjusted earnings per share (EPS) of $3.23, which beat the Zacks Consensus Estimate of $3.18. Moreover, adjusted earnings rose 1% year over year.Quarterly net revenues of $6,873 million surpassed the consensus mark of $6,796 million. The top line increased 3% year over year.At company-operated restaurants, sales totaled $2.66 billion, up 4% year over year. Sales at franchise-operated restaurants amounted to $4.09 billion, which increased 1% year over year. Other revenues rose 39% year over year to $124 million. Our model predicted sales by company-operated and franchise-operated restaurants to rise 0.6% and 0.12%, respectively, from the prior-year levels.\nMcDonald's Comps Details\nIn the quarter under discussion, global comps declined 1.5% against 8.8% growth in the prior-year quarter. Our estimate was a 0.6% decline year over year. The company’s comps decreased for the second straight quarter.\nComps Across MCD’s Segments\nUnited States: In the third quarter, segmental comps rose 0.3% compared with 8.1% growth in the prior-year quarter. The comparable sales results indicated growth in the average check, though this was partially offset by a slight decline in comparable guest counts. Effective value and marketing campaigns centered on core menu items, strong execution at the restaurant level and ongoing growth in digital and delivery channels collectively supported modestly positive comparable sales. Our model estimated the U.S. comps to decrease 1.1%.International Operated Markets: Segmental comps decreased 2.1% against 8.3% growth in the year-ago quarter. The performance of the segment was affected by declining comparable sales in several markets, with France and the United Kingdom being significant contributors to this downturn. We anticipated a decrease of 0.3% from the year-ago levels.International Developmental Licensed Segment: Segmental comparable sales registered a 3.5% decline against 10.5% growth in the prior-year quarter. The ongoing conflict in the Middle East and declining comparable sales in China outweighed the positive sales performance in Latin America.\nOperating Highlights & Expenses of McDonald's\nIn the third quarter, McDonald’s total operating costs and expenses were $3.69 billion, up 6% year over year.Operating income dropped 1% year over year to $3.19 billion. Net income totaled $2.26 billion, down 3% year over year.\nHow Have Estimates Been Moving Since Then?\nIt turns out, estimates revision have trended downward during the past month.\nVGM Scores\nAt this time, McDonald's has an average Growth Score of C, a grade with the same score on the momentum front. Charting a somewhat similar path, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.\nOverall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.\nOutlook\nEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, McDonald's has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nMcDonald's Corporation (MCD) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2487034477"}