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McDonald's set for Q1 earnings beat driven by strong margins despite revenue softness.

Company Fundamentals
28 Apr 2026
Seeking Alpha
View Source
Bullish
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McDonald's is expected to report a Q1 earnings beat with EPS of $2.88, surpassing the consensus of $2.75. This is driven by strong margin performance and easy comparisons following a previous E. coli incident, despite some revenue softness. Looking ahead, Q2 is set to improve with enhanced marketing efforts and potential value menu additions, supporting stronger comparable sales. The stock currently trades at 22.7 times forward earnings, with potential to re-rate to 25-26 times if sales growth materializes, possibly pushing the share price to $344.

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