What to Expect from McDonald’s 1Q15 Earnings
Preview for Investors: McDonald's 1Q15 Earnings (Part 1 of 5)
McDonald’s upcoming earnings
McDonald’s (MCD) is expected to release its 1Q15 earnings on April 22—before the market opens. McDonald’s grew ~8% since its fourth quarter earnings were announced on January 23, 2015.
EPS projections
Wall Street analysts estimate that McDonald’s EPS (earnings per share) will come in at $1.07 for 1Q15—down 13% from $1.40 in the same quarter a year ago. McDonald’s missed the earnings expectations in the previous quarter. As you can see in the above chart, this trend is seen for most of the quarters.
Yum! Brands (YUM) operates Taco Bell, KFC (Kentucky Fried Chicken), and Pizza Hut. It will announce its earnings on April 21. Wendy’s (WEN) will announce its earnings on May 8 . Popeye’s (PLKI) is expected to announce its earnings on May 28 . We’ll cover earnings for some of these companies. So, mark your calendars and visit Market Realist after the earnings are released!
A few of the companies mentioned above are also held by the Consumer Discretionary sector (XLY ) (RXI). XLY holds 4% of McDonald’s. To learn more about the US restaurant industry, read An in-depth overview of the US restaurant industry.
About McDonald’s
McDonald’s (MCD) is a fast food, limited service restaurant. It has more than 35,000 restaurants in over 100 countries. It employs more than 4 million people. McDonald’s serves 70 million customers per day. This is greater than France’s population. According to IBISWorld, McDonald’s had the largest share in the fast food restaurant industry in 2014. Its share was 17% in the US.
In this series, we’ll look at analysts’ expectations for McDonald’s upcoming earnings. We’ll also look at key revenue drivers, key developments, and the company’s stock performance.
Browse this series on Market Realist:
