Friday, January 23, 2015

Will McDonald's (MCD) Stock Be Hurt Today by Weak Quarterly Performance Numbers?

NEW YORK (TheStreet) -- McDonald's shares are flat at $90.89 in early market trading on Friday following the release of the fast food restaurant's fourth quarter earnings results before the opening bell today. Net income for the quarter fell to $1.1 billion, or $1.13 per diluted share, from $1.4 billion, or $1.40 per diluted share, during the same period last year. Revenue was also down 7.3% to $6.57 billion. Analysts on average were expecting the company to report a profit of $1.22 per share on revenue of $6.68 billion. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Sales at U.S. restaurants open at least 13 months dipped 1.7% from the previous year though analysts expected a 2.1% decline during the quarter. Globally, same store sales fell 0.9%, also coming out ahead of the 1.5% dip analysts were expecting. TheStreet Ratings team rates MCDONALD'S CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: "We rate MCDONALD'S CORP (MCD) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income." Highlights from the analysis by TheStreet Ratings Team goes as follows: You can view the full analysis from the report here: MCD Ratings Report MCD data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.


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