Stock Analysis

McDonald's Third Quarter 2022 Earnings: Beats Expectations

  •  Updated
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McDonald's (NYSE:MCD) Third Quarter 2022 Results

Key Financial Results
  • Revenue: US$5.87b (down 5.3% from 3Q 2021).
  • Net income: US$1.98b (down 7.8% from 3Q 2021).
  • Profit margin: 34% (in line with 3Q 2021).
  • EPS: US$2.68 (down from US$2.88 in 3Q 2021).
NYSE:MCD Earnings and Revenue Growth October 28th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

McDonald's Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 4.0%.

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in the US.

Performance of the American Hospitality industry.

The company's shares are up 6.1% from a week ago.

Risk Analysis

Be aware that McDonald's is showing 2 warning signs in our investment analysis that you should know about...

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