McDonalds Aktie News

McDonald's Corporation (NYSE:MCD ) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Mike Cieplak - IR Chris Kempczinski - President and CEO Ian Borden - SVP and CFO Conference Call Participants David Tarantino - Robert W. Baird Brian Harbour - Morgan Stanley Dennis Geiger - UBS John Ivankoe - J.P.

Blue-chip fast food giant McDonald's Corp  (NYSE:MCD) reported smaller-than-expected first-quarter earnings $1.70 -- its first miss in roughly two years -- as well as a revenue beat.

Blue-chip fast food giant McDonald's Corp  (NYSE:MCD) reported smaller-than-expected first-quarter earnings $1.70 -- its first miss in roughly two years -- as well as a revenue beat.

McDonald's Corporation NYSE: MCD share price is down from its peak, but this is good news for investors. The trend in MCD stock is up, and the move to retest support at the long-term EMA is a budding trend-following entry supported by results.

McDonald's earnings fell short of expectations as its inflation-weary menu prices and boycotts at its Middle Eastern franchises hurt profits. McDonald's reported first-quarter net income of $1.93 billion, or $2.66 per share on Tuesday.

Today, on April 30th, fast food giant McDonald's Corporation (NYSE: MCD) reported its Q1 2024 financial results before US markets opened. Global comparable sales were up marginally, at 2% higher.

McDonald's Corp. MCD, +0.17% said its value message was resonating with customers, but its shares were headed nearly 2% lower in Tuesday's premarket action after the company came up shy on profit for the latest quarter. The company saw first-quarter net income of $1.93 billion, or $2.66 a share, compared with $1.80 billion, or $2.45 a share, in the year-earlier period.

Global comparable sales have grown nearly 2% for the quarter, marking 13 consecutive quarters of positive comparable sales growth Consolidated revenues for the quarter were more than $6 billion, an increase over prior year of over 4% in constant currencies Systemwide sales* to loyalty members across 50 loyalty markets were nearly $25 billion for the trailing twelve-month period and over $6 bill...