Halister News

(Bloomberg) -- McDonald’s 2Q comparable sales +3.1%, est. +3.6% (compiled by Consensus Metrix). MCD down 2.4% pre-mkt on 42k shares traded.

• 2Q U.S. comp sales +1.8%, est. +3.2% (compiled by Consensus Metrix)
• 2Q International lead market comp. sales +2.6%, est. +2.6%
• 2Q High-growth market comp. sales +1.6%, est. +2.8%
• 2Q Foundational and Corp. comp. sales +7.7%, est. +6.7%
• 2Q adj. EPS $1.45, est. $1.39 (range $1.21-$1.45, compiled by Bloomberg data))
• 2Q rev. $6.27b, est. $6.27b (range $6.12b-$6.38b, compiled by Bloomberg data)
• NOTE: July 25, PREVIEW MCDONALD’S 2Q: Comp. Sales, Refranchising, Food Costs
• NOTE: July 26, McDonald’s Plans to Sell Malaysia, Singapore Franchises
• Call 11am, 844-353-1873 pw McDonalds

Statement DATA

• Implied 1-day share move following earnings 2.6%:

Bloomberg data

• Shares fell following 8 of prior 12 earnings

announcements

• Beat adj. EPS ests. in 6 of past 12 quarters
• MCD 14 buys, 17 holds, 2 sells, avg PT $131 (2.8% upside

from last close): Bloomberg data