Stock AnalizMcDonald's (MCD) earnings for the quarter ended September 2026: EPS beats estimates
McDonald's reported results for the quarter ended September 2026 on November 4, 2026. Adjusted earnings per share came in at $3.57 against the analysts’ average forecast of $3.38, a beat of 5.6%.
Revenue for the quarter was $7.16 billion, up 1.1% from $7.08 billion in the same quarter a year earlier.
The market’s verdict: the stock rose 5.7% on the first trading day after the report.
The last four quarters
McDonald's has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $3.57 | $3.38 | +5.6% | +1% | +5.7% |
| Jun 2026 | $3.38 | $3.32 | +1.8% | +4% | +3.3% |
| Mar 2026 | $2.83 | $2.74 | +3.1% | +9% | −2.9% |
| Dec 2025 | $3.12 | $3.05 | +2.2% | +10% | +1.9% |
What comes next
Analysts expect EPS of $3.17 for the next quarter on average and $12.94 for the fiscal year ending December 31, 2026.
The average analyst price target is $299.00, 10% above the current price of $271.97.
Valuation and score
McDonald's scores 2.0 out of 5 overall on Stock Analiz (average), trades at a trailing P/E of about 21.5, and its intrinsic value under moderate assumptions is about 32% below the current market value. Full McDonald's analysis with 10 years of financials
Frequently asked questions
What was McDonald's’s EPS for the quarter ended September 2026?
$3.57 adjusted per share, against an analyst consensus of $3.38.
How much revenue did McDonald's report?
$7.16 billion, up 1.1% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.