McDonald's (MCD) Falls Victim to Lofty Expectations
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McDonald's (MCD) PT Raised to $195 at Baird Following 4Q
January 31, 2018 8:52 AM ESTBaird raised its price target on McDonald's (NYSE: MCD) to $195.00 (from $190.00) while maintaining a Outperform rating following the company's 4Q earnings report. EPS of $1.71 exceeded $1.59 consensus on slightly better-than-expected operating income and a favorable tax rate (added $0.11).
Management again noted potential for earnings... More
McDonald's (MCD) Tops Q4 EPS by 12c
January 30, 2018 7:58 AM ESTMcDonald's (NYSE: MCD) reported Q4 EPS of $1.71, $0.12 better than the analyst estimate of $1.59. Revenue for the quarter came in at $5.34 billion versus the consensus estimate of $5.23 billion.
Diluted earnings per share of $0.87 decreased 40% (42% in constant currencies), reflecting a net tax cost associated with... More