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MCDMcDonald's CorporationSell5.2·$252.52-0.21%

McDonald's (MCD) Q2 2026 earnings — TrendMatrix coverage

BEAT+1.8% vs estimateEPS $3.38 vs $3.32 estVerdict Buy (Wait)Hold

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$3.38
Estimate
$3.32
Surprise
+1.8%
Score at report (before → after)
6.16.0/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Report record · Q2 2026

How the report landed

McDonald's (MCD) beat the $3.32 estimate with diluted EPS of $3.38 — a modest 1.8% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.1/10) to Hold at 6.0/10 after the report — the engine's score fell despite the beat.

Current read · as of 2026-09-14

Where TrendMatrix's rating stands now

TrendMatrix currently rates MCD Sell at 5.2/10.

3 of the last 4 quarters beat the estimate; this quarter's +1.8% surprise compares with a +0.9% four-quarter average. Next scheduled report: 2026-11-05.

What supports the rating

  • V7 quality resilience bonus: +0.2 (Q=7.6 in RISK_OFF)
  • Strong earnings beat streak (3/4)

What argues against it

  • Sector modifier (Consumer Cyclical): -1.5
  • Weak growth
  • Negative momentum

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$252.52
Price target
$290.16
Stop
$244.99
Upside to target
+14.9%
Reward-to-risk
3.0:1

At 20.5× trailing and 18.1× forward earnings, consensus estimates imply little change in earnings power.

Risk check: RSI 22 — a level conventionally read as oversold.

Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.

Consumer Cyclical context

MCD at TrendMatrix's latest read

Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.

Industry
Restaurants
Market cap
$178.70B
P/E (fwd)
18.1
P/E (ttm)
20.5
52-week range
$252.15$341.75
Off 52-week high
26.1%
RSI (14)
22
Volume vs avg
0.97×
Score today
5.2/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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