Here's Why Investors Must Hold McDonald's (MCD) Stock for Now
McDonald's(MCD) zacks.com·2024-05-18 01:11
McDonald's Corporation (MCD) is benefiting from increasing comparable sales on the back of its focus on loyalty programs, expansion efforts and affordable menu offerings.The Zacks Consensus Estimate for this current Zacks Rank #3 (Hold) company’s 2024 earnings per share is pegged at $12.17, depicting 1.9% growth from the prior year’s reported levels. MCD delivered a trailing four-quarter earnings surprise of 6.4%, on average. The positive trend signifies bullish analysts’ sentiments, robust fundamentals and ...