McDonald's Corporation Missed Q4 Expectations
<p><a href='https://financialmodelingprep.com/financial-summary/MCD'>McDonald's Corporation (NYSE:MCD) </a>reported Q4 results, coming in worse than expected due to elevated costs. This represents the fourth time the company misses the Street expectations in the last 8 quarters.</p>
<p>Adjusted EPS came in at $2.23, compared to the consensus estimate of $2.34. Revenue was $6.01 billion, slightly missing the consensus of $6.03 billion.  Same-store sales increased by 12.3% year-over-year, helped by the company’s decision to increase menu prices.</p>
<p>While cost pressures will remain a headwind near-term, analysts at RBC Capital believe improving operating hours in the US, strong franchisee cash flows, still solid value positioning and digital upside all remain key positives for the company.</p>

NYSE:MCD