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McDonald’s stock rises 5% after unveiling Q4 results. Comparable sales worldwide grew 0.4%, above -0.93% expected. Adjusted EPS of $2.83 missed consensus by 3 cents. Revenue of $6.39 billion misses Wall Street average by $90 million.   McDonald’s stock (MCD) ploughed more than 5% higher at points on Monday morning despite missing fourth-quarter consensus on the top and bottom lines. The market, however, disregarded the major highlights to focus on growth in international comparables, which it views as evidence that management is righting the ship. MCD stock chanced up 5% to above $309, its first return to this price level since plunging on October 22 of last year on E. coli concerns at some of its Midwestern locations. The Dow Jones Industrial Average (DJIA), which includes McDonald’s, rode the wave 0.3% higher, while the NASDAQ easily clear 1.2% gains. The equity market is somewhat optimistic after the Trump administration opted for 25% tariffs on steel and aluminum, which are thought to be less abrasive than prior trade rhetoric. Basically, the market is hoping that Trump uses these tariffs to dismiss the prior 25% levies on Canada and Mexico that had rattled the markets in previous weeks. McDonald’s earnings news For the fourth quarter, McDonald’s produced adjusted earnings per share of $2.83, which was $0.03 behind the consensus and down 3% from a year earlier. GAAP EPS was $2.80. Revenue of $6.39 billion missed its mark by $90 million and slowed 0.3% YoY. What’s not to like? The market expected defeat though with the E. coli news affecting demand for its tasty burgers. All analysts covering the stock had already lowered their earnings expectations. What made them turn that frown upside down was total comparable sales. This figure had been falling since the first quarter of 2023 when it came in…

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Filed under: News - @ February 10, 2025 5:22 pm