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).
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
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About NYSE:MCD
McDonald's
Operates and franchises restaurants under the McDonald’s brand in the United States and internationally.
Established dividend payer and fair value.
