FMP
Apr 30, 2024 11:53 AM - Davit Kirakosyan
McDonald's (NYSE:MCD) reported first-quarter earnings and comparable sales that fell short of analyst expectations. The company posted an earnings per share (EPS) of $2.70, just below the consensus forecast of $2.72. However, its revenue of $6.17 billion slightly exceeded the expected $6.16 billion.
Comparable sales increased by 1.9%, a sharp decline from the 12.6% growth seen in the previous year, and were just under the anticipated 2.33%. In the U.S., comparable sales growth was 2.5%, also down significantly from the prior year's 12.6% and narrowly missing the forecast of 2.55%.
McDonald’s reported that its consolidated operating income grew by 8% during the quarter. This growth includes pre-tax charges related to restructuring under its "Accelerating the Organization" initiative, totaling $35 million for the current year and $180 million for the previous year. Without these charges, the consolidated operating income would have seen a more modest increase of 2%.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...