McDonalds Earnings Estimate

MCD Stock

USD 273.84 2.51 0.93%

Many public companies, such as McDonalds, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing McDonalds' earnings estimates, investors can diagnose different trends across McDonalds' analyst sentiment over time as well as compare current estimates against different timeframes.

McDonalds is projected to generate 2.29 in earnings per share on the 31st of March 2023. McDonalds earnings estimates module stress-tests analyst consensus about projected McDonalds EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Check out Correlation Analysis. For information on how to trade McDonalds Stock refer to our How to Trade McDonalds Stock guide.

The current year Gross Profit is expected to grow to about 13.5 B. The current year Profit Margin is expected to grow to 0.27

Profit Margin Gross Margin

McDonalds Earnings Estimation Breakdown

Calculation of earning per share of McDonalds is based on official Zacks consensus of 12 analysts regarding McDonalds future annual earnings. Given the historical accuracy of 92.79%, the future earnings per share of McDonalds is estimated to be 2.29 with the lowest and highest values of 2.12 and 2.41, respectively. Please note that this consensus of annual earnings estimates for McDonalds is an estimate of EPS before non-recurring items and including employee stock options expenses

Get Trade Advice

Current EPS 8.38

2.12

Lowest

Expected EPS 2.29

2.41

Highest

McDonalds Earnings Projection Consensus

Suppose the current estimates of McDonalds' value are higher than the current market price of the McDonalds stock. In this case, investors may conclude that McDonalds is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and McDonalds' stock will quickly adjusts to the new information provided by the consensus estimate.

Number of Analysts	Historical Accuracy	Current EPS	EPS Estimate for 31st of March 2023
12	92.79%	8.38	2.29

McDonalds Earnings History

Earnings estimate consensus by McDonalds analysts from Wall Street is used by the market to judge McDonalds' stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only McDonalds' upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

McDonalds Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

3.12 Billion

McDonalds Earning Before Interest and Taxes EBIT is projected to increase significantly based on the last few years of reporting. The past year's Earning Before Interest and Taxes EBIT was at 9.03 Billion. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 11.6 B, whereas Earnings per Diluted Share are forecasted to decline to 8.20. McDonalds Weighted Average Shares Diluted is projected to decrease significantly based on the last few years of reporting. The past year's Weighted Average Shares Diluted was at 741.3 Million.

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of McDonalds' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of McDonalds in the context of predictive analytics.

Hype

Prediction

Low	Estimated Value	High
270.33	271.37	272.41

Details

Intrinsic

Valuation

Low	Real Value	High
240.24	241.28	298.46

Details

23 Analysts

Consensus

Low	Target Price	High
262.00	289.92	330.00

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as McDonalds. Your research has to be compared to or analyzed against McDonalds' peers to derive any actionable benefits. When done correctly, McDonalds' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in McDonalds.

Note that many institutional investors and large investment bankers can move markets due to the volume of McDonalds assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards McDonalds. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving McDonalds stock price in the short term.

McDonalds Earnings per Share Projection vs Actual

Actual Earning per Share of McDonalds refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering McDonalds predict the company's earnings will be in the future. The higher the earnings per share of McDonalds, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

McDonalds Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as McDonalds, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of McDonalds should always be considered in relation to other companies to make a more educated investment decision.

McDonalds Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact McDonalds' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2023-01-31	2022-12-31	2.46	2.59	0.13	5
2022-10-27	2022-09-30	2.58	2.68	0.1	3
2022-07-26	2022-06-30	2.47	2.55	0.08	3
2022-04-28	2022-03-31	2.17	2.28	0.11	5
2022-01-27	2021-12-31	2.34	2.23	-0.11	4
2021-10-27	2021-09-30	2.46	2.76	0.3	12
2021-07-28	2021-06-30	2.11	2.37	0.26	12
2021-04-29	2021-03-31	1.81	1.92	0.11	6
2021-01-28	2020-12-31	1.78	1.7	-0.08	4
2020-11-09	2020-09-30	1.9	2.22	0.32	16
2020-07-28	2020-06-30	0.75	0.66	-0.09	12
2020-04-30	2020-03-31	1.57	1.47	-0.1	6
2020-01-29	2019-12-31	1.96	1.97	0.01	0
2019-10-22	2019-09-30	2.21	2.11	-0.1	4
2019-07-26	2019-06-30	2.05	2.05	0	0
2019-04-30	2019-03-31	1.75	1.72	-0.03	1
2019-01-30	2018-12-31	1.89	1.97	0.08	4
2018-10-23	2018-09-30	1.99	2.1	0.11	5
2018-07-26	2018-06-30	1.92	1.99	0.07	3
2018-04-30	2018-03-31	1.67	1.79	0.12	7
2018-01-30	2017-12-31	1.59	1.71	0.12	7
2017-10-24	2017-09-30	1.77	1.76	-0.01	0
2017-07-25	2017-06-30	1.62	1.7	0.08	4
2017-04-25	2017-03-31	1.33	1.47	0.14	10
2017-01-23	2016-12-31	1.41	1.43	0.02	1
2016-10-21	2016-09-30	1.48	1.62	0.14	9
2016-07-26	2016-06-30	1.38	1.45	0.07	5
2016-04-22	2016-03-31	1.16	1.23	0.07	6
2016-01-25	2015-12-31	1.23	1.31	0.08	6
2015-10-22	2015-09-30	1.27	1.4	0.13	10
2015-07-23	2015-06-30	1.24	1.26	0.02	1
2015-04-22	2015-03-31	1.06	1.01	-0.05	4
2015-01-23	2014-12-31	1.22	1.13	-0.09	7
2014-10-21	2014-09-30	1.37	1.09	-0.28	20
2014-07-22	2014-06-30	1.44	1.4	-0.04	2
2014-04-22	2014-03-31	1.24	1.21	-0.03	2
2014-01-23	2013-12-31	1.39	1.4	0.01	0
2013-10-21	2013-09-30	1.51	1.52	0.01	0
2013-07-22	2013-06-30	1.4	1.38	-0.02	1
2013-04-19	2013-03-31	1.27	1.26	-0.01	0
2013-01-23	2012-12-31	1.33	1.38	0.05	3
2012-10-19	2012-09-30	1.47	1.43	-0.04	2
2012-07-23	2012-06-30	1.37	1.32	-0.05	3
2012-04-20	2012-03-31	1.23	1.23	0	0
2012-01-24	2011-12-31	1.3	1.33	0.03	2
2011-10-21	2011-09-30	1.43	1.45	0.02	1
2011-07-22	2011-06-30	1.28	1.35	0.07	5
2011-04-21	2011-03-31	1.14	1.15	0.01	0
2011-01-24	2010-12-31	1.16	1.16	0	0
2010-10-21	2010-09-30	1.25	1.29	0.04	3
2010-07-23	2010-06-30	1.12	1.13	0.01	0
2010-04-21	2010-03-31	0.96	1.03	0.07	7
2010-01-22	2009-12-31	1.02	1.03	0.01	0
2009-10-22	2009-09-30	1.11	1.15	0.04	3
2009-07-23	2009-06-30	0.97	0.97	0	0
2009-04-22	2009-03-31	0.82	0.83	0.01	1
2009-01-26	2008-12-31	0.83	0.87	0.04	4
2008-10-22	2008-09-30	0.98	1.05	0.07	7
2008-07-23	2008-06-30	0.86	0.94	0.08	9
2008-04-22	2008-03-31	0.7	0.81	0.11	15
2008-01-28	2007-12-31	0.71	0.73	0.02	2
2007-10-19	2007-09-30	0.83	0.83	0	0
2007-07-24	2007-06-30	0.71	0.71	0	0
2007-04-20	2007-03-31	0.62	0.62	0	0
2007-01-24	2006-12-31	0.61	0.61	0	0
2006-10-19	2006-09-30	0.68	0.68	0	0
2006-07-25	2006-06-30	0.62	0.67	0.05	8
2006-04-21	2006-03-31	0.49	0.49	0	0
2006-01-24	2005-12-31	0.48	0.48	0	0
2005-10-20	2005-09-30	0.58	0.58	0	0
2005-07-21	2005-06-30	0.42	0.42	0	0
2005-04-21	2005-03-31	0.43	0.56	0.13	30
2005-01-28	2004-12-31	0.46	0.45	-0.01	2
2004-10-19	2004-09-30	0.61	0.61	0	0
2004-07-22	2004-06-30	0.47	0.47	0	0
2004-04-27	2004-03-31	0.4	0.4	0	0
2004-01-26	2003-12-31	0.35	0.35	0	0
2003-10-22	2003-09-30	0.4	0.43	0.03	7
2003-07-29	2003-06-30	0.37	0.37	0	0
2003-04-28	2003-03-31	0.28	0.29	0.01	3
2003-01-23	2002-12-31	0.25	0.25	0	0
2002-10-22	2002-09-30	0.39	0.38	-0.01	2
2002-07-24	2002-06-30	0.38	0.39	0.01	2
2002-04-18	2002-03-31	0.29	0.31	0.02	6
2002-01-24	2001-12-31	0.34	0.34	0	0
2001-10-18	2001-09-30	0.39	0.42	0.03	7
2001-07-24	2001-06-30	0.34	0.34	0	0
2001-04-19	2001-03-31	0.3	0.29	-0.01	3
2001-01-24	2000-12-31	0.35	0.34	-0.01	2
2000-10-19	2000-09-30	0.41	0.41	0	0
2000-07-25	2000-06-30	0.4	0.39	-0.01	2
2000-04-20	2000-03-31	0.32	0.33	0.01	3
2000-01-26	1999-12-31	0.36	0.35	-0.01	2
1999-10-21	1999-09-30	0.39	0.39	0	0
1999-07-22	1999-06-30	0.37	0.37	0	0
1999-04-22	1999-03-31	0.29	0.3	0.01	3
1999-01-26	1998-12-31	0.32	0.32	0	0
1998-10-19	1998-09-30	0.34	0.35	0.01	2
1998-07-20	1998-06-30	0.33	0.33	0	0
1998-04-17	1998-03-31	0.26	0.26	0	0
1998-01-22	1997-12-31	0.3	0.29	-0.01	3
1997-10-17	1997-09-30	0.33	0.32	-0.01	3
1997-07-17	1997-06-30	0.32	0.32	0	0
1997-04-17	1997-03-31	0.25	0.25	0	0
1997-01-23	1996-12-31	0.29	0.3	0.01	3
1996-10-18	1996-09-30	0.32	0.31	-0.01	3
1996-07-18	1996-06-30	0.29	0.3	0.01	3
1996-04-18	1996-03-31	0.22	0.22	0	0

About McDonalds Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of McDonalds earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current McDonalds estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as McDonalds fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'

Please read more on our stock advisor page.

	Last Reported	Projected for 2023
Accumulated Retained Earnings Deficit	59.5 B	59.6 B
Earning Before Interest and Taxes EBIT	9 B	9.7 B
Earnings per Basic Share	8.39	8.26
Earnings per Diluted Share	8.33	8.20
Price to Earnings Ratio	31.41	30.55
Earnings Before Interest Taxes and Depreciation Amortization EBITDA	10.9 B	11.6 B
Earnings before Tax	7.8 B	8.6 B

Be your own money manager

Our tools can tell you how much better you can do entering a position in McDonalds without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Earnings Calls Now

Earnings Calls

Check upcoming earnings announcements updated hourly across public exchanges

All Next

Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as McDonalds using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

Check out Correlation Analysis. For information on how to trade McDonalds Stock refer to our How to Trade McDonalds Stock guide. Note that the McDonalds information on this page should be used as a complementary analysis to other McDonalds' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for McDonalds Stock analysis

When running McDonalds price analysis, check to measure McDonalds' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McDonalds is operating at the current time. Most of McDonalds' value examination focuses on studying past and present price action to predict the probability of McDonalds' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move McDonalds' price. Additionally, you may evaluate how the addition of McDonalds to your portfolios can decrease your overall portfolio volatility.

	Transaction History View history of all your transactions and understand their impact on performance
	Price Transformation Use Price Transformation models to analyze depth of different equity instruments across global markets
	Equity Valuation Check real value of public entities based on technical and fundamental data
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance

Is McDonalds' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of McDonalds. If investors know McDonalds will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about McDonalds listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.186

Dividend Share

5.66

Earnings Share

8.38

Revenue Per Share

31.477

Quarterly Revenue Growth

(0.014)

The market value of McDonalds is measured differently than its book value, which is the value of McDonalds that is recorded on the company's balance sheet. Investors also form their own opinion of McDonalds' value that differs from its market value or its book value, called intrinsic value, which is McDonalds' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because McDonalds' market value can be influenced by many factors that don't directly affect McDonalds' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between McDonalds' value and its price as these two are different measures arrived at by different means. Investors typically determine McDonalds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McDonalds' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2023 Macroaxis LLC

McDonalds Earnings Estimate

McDonalds Earnings Estimation Breakdown

McDonalds Earnings Projection Consensus

12

92.79%

8.38

2.29

McDonalds Earnings History

McDonalds Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

3.12 Billion

McDonalds Earnings per Share Projection vs Actual

McDonalds Estimated Earnings per Share

McDonalds Quarterly Analyst Estimates and Surprise Metrics

About McDonalds Earnings Estimate

Be your own money manager

Did you try this?

Run Earnings Calls Now

Earnings Calls

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for McDonalds Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY