McDonald’s Earnings: Stephens Analyst Sees ‘Significant’ Improvement Next Year

Stephens analyst Will Slabaugh released a report on Thursday morning explaining his take on the mixed earnings report released by McDonald’s Corporation MCD 1.34%. The struggling fast food giant has been looking to get back on track in recent months, and Slabaugh discusses the positive and negate takeaways from McDonald’s earnings.

The Numbers

McDonald’s earnings per share of $1.26 and revenue of $6.498 billion beat Wall Street consensus estimates of $1.24 and $6.428 billion, respectively. However, the company reported global same-store sales growth of -0.7 percent, worse than consensus expectations of -0.6 percent.

Positives

According to Slabaugh, the biggest positive takeaway from the earnings report was…

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