McDonald’s (MCD) Q4 2021 earnings
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Outside a McDonald’s Corp. fast-food restaurant in Louisville Kentucky (USA) on Friday October 22, 2021.
Luke Sharrett | Bloomberg | Getty Images
McDonald’sIt is anticipated that it will report fourth-quarter results before the bell rings Thursday
Refinitiv has surveyed Wall Street analysts to see what they expect:
- Earnings per share: $2.34 expected
- Revenue: $6.03Billion
Wall Street predicts similar success for the fast-food company. It has been able to stifle its competitors in recent quarters. According to StreetAccount estimates analysts are projecting 6.9% growth in U.S. Same-Store Sales.
As it enters 2022, the Burger King faces many problems. The restaurant sector has faced many challenges, including staffing shortages, high food prices and the introduction of the micron variant. It has also implemented vaccination requirements in some international markets that may make it less popular to serve customers. Wall Street believes that McDonald’s will continue to be a successful business. is positioned well despite those potential obstacles.
It is expected that the company will release its 2022 outlook Thursday. Wall Street forecasts that earnings will be at $10.15 per Share and revenue will reach $24.74 Billion.
McDonald’s shares have increased 20% over the past 12 months, increasing its market value by $193 billion.
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