McDonald’s (MCD) Projected to Post Quarterly Earnings on Wednesday

McDonald’s (NYSE:MCD) will likely be announcing its Q3 2026 results before the market opens on Wednesday, November 4th. Analysts expect McDonald’s to announce earnings of $3.38 per share and revenue of $7.29 billion for the quarter. Individuals may visit the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 8:30 AM ET.

McDonald’s (NYSE:MCD) last issued its earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, beating the consensus estimate of $3.32 by $0.06. The company had revenue of $7.10 billion for the quarter, compared to analysts’ expectations of $7.13 billion. The company’s revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.19 earnings per share. On average, analysts expect McDonald’s to post $12.83 EPS for the current fiscal year and $13.67 EPS for the next fiscal year.

McDonald’s Stock Down 0.6%

Shares of MCD stock opened at $249.41 on Wednesday. The business’s fifty day moving average is $249.01 and its 200 day moving average is $284.22. McDonald’s has a twelve month low of $229.20 and a twelve month high of $341.75.

McDonald’s Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be issued a dividend of $1.93 per share. The ex-dividend date is Tuesday, December 1st. This is a boost from McDonald’s’s previous quarterly dividend of $1.86. This represents a $7.72 annualized dividend and a dividend yield of 3.1%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MCD. HSBC decreased their price objective on shares of McDonald’s from $357.00 to $356.00 and set a “buy” rating for the company in a report on Wednesday, August 5th. Bank of America increased their target price on McDonald’s from $339.00 to $343.00 in a research note on Wednesday, August 5th. TD Cowen reduced their target price on McDonald’s from $282.00 to $270.00 and set a “hold” rating for the company in a report on Thursday, September 24th. JPMorgan Chase & Co. decreased their price target on McDonald’s from $280.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, September 24th. Finally, Needham & Company LLC restated a “buy” rating on shares of McDonald’s in a research note on Monday, September 21st. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $295.64.

Key Headlines Impacting McDonald’s

Here are the key news stories impacting McDonald’s this week:

• Positive Sentiment: BTIG Research reaffirmed its “buy” rating and set a $295 price target, implying substantial upside from the recent trading level. The bullish case rests on McDonald’s strong brand, franchise-heavy model, shareholder returns and value-focused menu. BTIG Research rating
• Positive Sentiment: McRib’s limited return, new holiday beverages, an $8 meal promotion and a Pokémon Happy Meal campaign could support near-term traffic and customer engagement, although the financial impact is likely modest unless promotions generate sustained same-store sales growth. McRib returns
• Neutral Sentiment: Analyst comparisons with Chipotle and Lululemon frame MCD as a slower-growth but more established dividend and buyback investment. This supports its defensive appeal but highlights the challenge of producing faster growth. McDonald’s versus Chipotle
• Neutral Sentiment: McDonald’s decision to end its more than 30-year FIFA World Cup sponsorship signals a shift toward measuring marketing returns more strictly. It could reduce costs, but also removes a major global brand platform and may affect international visibility. McDonald’s FIFA sponsorship exit
• Negative Sentiment: Franchisees reportedly raised quality concerns about McDonald’s new hand-breaded chicken, including tough meat and problems with oversized birds. Execution issues could limit the company’s chicken growth strategy and pressure franchisee economics and customer satisfaction. McDonald’s hand-breaded chicken concerns

About McDonald’s

McDonald’s Corporation is a global quick-service restaurant company that operates and franchises restaurants under the McDonald’s brand. Its restaurants serve a menu that includes hamburgers, cheeseburgers, chicken sandwiches, French fries, breakfast items, desserts, salads, beverages and coffee. Offerings vary by market, and many locations provide drive-thru service, delivery and digital ordering through the McDonald’s mobile app.

The company operates through a heavily franchised business model, with restaurants owned and operated by independent franchisees, affiliates and the company itself.