McDonalds: First Quarter Consensus Estimates

McDonalds Corp (NYSE: MCD) will be reporting their first quarter financials on April 29th before market open. Analysts have a consensus $247.76 12-month price target on the company, via a total of 39 analysts, with ten analysts having strong buy ratings. 20 analysts meanwhile have buy ratings and nine have hold ratings. The street high comes from Kalinowski Equity Research with a $280 price target, and the lowest target sits at $212 from DZ Bank.

27 analysts have revenue estimates for the first quarter. The mean revenue estimate between all 27 analysts is $5 billion; this number is flat since the start of the year. The highest revenue estimate is $5.26 billion, while the lowest is $4.62 billion.

Onto EBITDA estimates, there are currently 23 analysts who have first quarter EBITDA estimates. The mean is currently $2.47 billion, with this number having been revised down from $2.5 billion at the start of the year. Street high is a $2.67 billion EBITDA estimate and the lowest is $2.1 billion.

The analyst consensus for net income for the first quarter is $1.34 billion, this is slightly down from the start of the year which was $1.35 billion. The highest net income estimate is $1.49 billion, while the lowest is $1.06 billion.

Analysts estimate that quarterly earnings per share will come in at $1.81, with this number being the same at the start of the year. Street high is currently $1.97 and the lowest estimate is $1.63 per share for the quarter.

Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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