Earnings

McDonald’s (MCD) Q4 2020 earnings

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People wear protective face masks outside McDonald’s in Times Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 18, 2020 in New York City.

Noam Galai | Getty Images

McDonald’s is expected to report its fourth-quarter earnings before the bell on Thursday.

Here’s what Wall Street analysts surveyed by Refinitiv are expecting:

  • Earnings per share: $1.78 expected
  • Revenue: $5.37 billion expected

In November, the company told investors that it’s targeting mid-single-digit sales growth in 2021 and 2022. The fast-food giant is leaning into meat substitutes and chicken, leveraging more celebrity collaborations and starting a…



Source cnbc.com

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