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MCD
Benzinga
190 days

McDonald's Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. MCD's Q4 earnings expected at $2.86 per share, down from $2.95. 2. Projected Q4 revenue of $6.48 billion, slight growth from last year. 3. Analysts maintain ratings; Citigroup raised target to $336. 4. McDonald's shares fell 0.02% to close at $294.30. 5. Cognizant extends partnership with McDonald's, enhancing service capabilities.

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FAQ

Why Neutral?

Earnings forecast is slightly disappointing but revenue shows growth. Previous earnings misses didn't significantly affect MCD's stock based on historical data.

How important is it?

The article discusses MCD's earnings potential and projections which are critical for investors. Recent analyst ratings provide insights into market expectations and sentiment.

Why Short Term?

Immediate earnings report may cause volatility; long-term remains stable. Past quarterly reports often impact MCD's stock in the short term without long-lasting effects.

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