McDonald’s (MCD) to Announce Quarterly Earnings on Tuesday

McDonald’s (NYSE:MCD) will likely be issuing its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect the company to announce earnings of $3.34 per share and revenue of $7.1287 billion for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 8:30 AM ET.

McDonald’s (NYSE:MCD) last announced its earnings results on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share for the quarter, beating the consensus estimate of $2.74 by $0.09. The business had revenue of $6.52 billion during the quarter, compared to analysts’ expectations of $6.47 billion. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The company’s quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter last year, the business posted $2.67 earnings per share. On average, analysts expect McDonald’s to post $13 EPS for the current fiscal year and $14 EPS for the next fiscal year.

McDonald’s Stock Up 0.9%

NYSE:MCD opened at $270.83 on Friday. The business’s 50-day moving average price is $274.88 and its 200 day moving average price is $297.69. McDonald’s has a 52-week low of $260.96 and a 52-week high of $341.75. The firm has a market cap of $192.43 billion, a P/E ratio of 22.33, a PEG ratio of 2.91 and a beta of 0.41.

McDonald’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Tuesday, September 1st will be given a dividend of $1.86 per share. The ex-dividend date is Tuesday, September 1st. This represents a $7.44 annualized dividend and a dividend yield of 2.7%. McDonald’s’s dividend payout ratio (DPR) is 61.34%.

McDonald’s News Summary

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

• Positive Sentiment: Unusually heavy call-option activity suggests some traders are positioning for upside. Investors purchased 32,245 calls, approximately 45% above the average volume of 22,241 calls.
• Positive Sentiment: Technical analyst Jay Woods said McDonald’s chart is beginning to form a potential buy signal, which could attract bargain hunters after the stock’s recent correction. CNBC article
• Positive Sentiment: McDonald’s continues to appeal to income-focused investors after declaring a quarterly dividend of $1.86 per share. Analysts also maintain a consensus “moderate buy” recommendation. Dividend strength and softer sales expectations Consensus recommendation
• Neutral Sentiment: Investors are focused on value meals, menu innovation, digital promotions, same-store sales, margins and management’s outlook when McDonald’s reports second-quarter results. Q2 earnings factors
• Negative Sentiment: Mizuho lowered its price target from $300 to $290 and assigned a “neutral” rating, signaling limited conviction despite implied upside from current levels.
• Negative Sentiment: The stock has remained below its 200-week moving average for the longest stretch since 2003, highlighting persistent technical weakness. Barchart technical analysis
• Negative Sentiment: Analysts expect softer sales and weaker earnings, particularly as lower-income consumers remain pressured. That caution could limit gains before the earnings release. McDonald’s stock ahead of August 4 earnings

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MCD shares. Tigress Financial lifted their price objective on shares of McDonald’s from $385.00 to $390.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. TD Cowen reissued a “hold” rating on shares of McDonald’s in a research note on Friday, June 12th. KeyCorp restated an “overweight” rating on shares of McDonald’s in a research report on Wednesday, July 15th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of McDonald’s in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft set a $325.00 price objective on McDonald’s in a research report on Thursday, July 9th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $331.92.

Insider Transactions at McDonald’s

In other McDonald’s news, EVP Desiree Ralls-Morrison sold 2,763 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $278.36, for a total value of $769,108.68. Following the completion of the transaction, the executive vice president directly owned 6,268 shares in the company, valued at $1,744,760.48. This trade represents a 30.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Joseph M. Erlinger sold 5,252 shares of McDonald’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the completion of the transaction, the insider directly owned 7,734 shares in the company, valued at approximately $2,198,930.88. This trade represents a 40.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 8,348 shares of company stock valued at $2,355,634 over the last ninety days. Insiders own 0.26% of the company’s stock.

Institutional Trading of McDonald’s

Several hedge funds and other institutional investors have recently modified their holdings of the business. IFC & Insurance Marketing Inc. acquired a new position in McDonald’s during the fourth quarter valued at $29,000. Swiss RE Ltd. acquired a new stake in McDonald’s during the 4th quarter worth about $36,000. Greenline Wealth Management LLC purchased a new position in McDonald’s during the 4th quarter valued at about $55,000. Imprint Wealth LLC purchased a new position in McDonald’s during the 3rd quarter valued at about $60,000. Finally, Ankerstar Wealth LLC acquired a new position in shares of McDonald’s in the 4th quarter valued at about $68,000. Institutional investors and hedge funds own 70.29% of the company’s stock.

About McDonald’s

McDonald’s Corporation (NYSE: MCD) is a global quick-service restaurant company best known for its hamburgers, French fries and breakfast offerings. The company develops, operates and franchises a system of restaurants that sell a range of food and beverage items, including signature products such as the Big Mac, Quarter Pounder, Chicken McNuggets, McCafé coffee beverages and a variety of salads, desserts and seasonal menu items. McDonald’s serves customers through company-operated restaurants and franchised locations, and it supports sales via dine-in, drive-thru, digital ordering platforms and third-party delivery partnerships.

Founded in 1940 by brothers Richard and Maurice McDonald as a single San Bernardino, California restaurant, the business was transformed into a franchising model after Ray Kroc joined in the mid-1950s and led the brand’s national and international expansion.