Market Overview

McDonald's: Q3 Earnings Insights



Shares of McDonald's (NYSE:MCD) moved higher by 5% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 5.21% year over year to $2.22, which beat the estimate of $1.90.

Revenue of $5,418,000,000 declined by 0.24% year over year, which beat the estimate of $5,400,000,000.


McDonald's hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Nov 09, 2020

Time: 08:30 AM

ET Webcast URL:

Recent Stock Performance

52-week high: $231.91

Company's 52-week low was at $124.23

Price action over last quarter: Up 12.33%

Company Overview

McDonald's generates revenue through company-owned restaurants, franchise royalties, and licensing pacts. Restaurants offer a uniform value-priced menu with some regional variations. As of June 2020, there were roughly 39,000 locations in more than 120 countries: 36,400 franchisee/affiliate units and 2,600 company units. After reorganizing the company into segments based on the maturity and competitive position of its different markets, refranchising 4,000 locations, and eliminating $500 million in net annual SG&A expenses the past several years, the company is focused on "velocity growth accelerators" such as an Experience of the Future layout (counter, kiosk, web ordering and table service/curbside delivery), mobile ordering and payments, and delivery alternatives.


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Posted-In: Earnings News