McDonald’s (MCD) Earnings Q1 2027
February 9, 2027 @ 4:05 pm - 5:05 pm
McDonald’s (MCD) Earnings Q1 2027
Next MCD Quarterly Earnings: Tuesday, at 4:05 pm ET (9:05 pm London).
Date to be confirmed by the publisher; this is the scheduled date.
- Consensus
- Not yet published
- Prior
- Adjusted EPS $3.22 vs $3.33 expected
- Actual
- Pending
Updated
McDonald’s Corporation (NYSE: MCD) is scheduled to report its first-quarter 2027 earnings on Tuesday, February 9, 2027, with the company’s own earnings release typically followed by a conference call around 4:05 pm ET (9:05 pm London). The report is issued by McDonald’s investor relations team and covers the three months to the end of March 2027. Because McDonald’s is one of the world’s largest restaurant operators by revenue, its results are watched closely as a gauge of consumer spending habits, particularly among lower and middle-income households in the United States, Europe and parts of Asia. Full schedule and background: McDonald’s earnings dates.
What is McDonald’s Q1 2027 earnings release?
This is the quarterly financial report in which McDonald’s discloses revenue, net income, earnings per share (EPS, the portion of profit allocated to each outstanding share) and same-store sales growth (sales at restaurants open more than a year, which strips out the effect of new openings). The release is prepared by McDonald’s finance team and reviewed by independent auditors before publication. Participants on the subsequent call usually include chief executive Chris Kempczinski and the chief financial officer, who take questions from analysts at banks and research firms such as JPMorgan, UBS and Barclays. Investors use the figures to judge how well the company’s value-menu strategy, loyalty programme and international franchise business are performing against rivals such as Yum Brands and Restaurant Brands International.
When is McDonald’s Q1 2027 earnings and how to follow it
The brief for this page carries an estimated date because McDonald’s has not yet confirmed its exact reporting day for the first quarter of 2027. Large US companies typically announce quarterly results around four to six weeks after the quarter closes, and McDonald’s has historically reported its first-quarter figures in the final week of January or the first half of February. The listed date of February 9, 2027 reflects that usual pattern rather than a confirmed company announcement. Results are normally released before the US market opens, with the earnings statement published on the McDonald’s investor relations site and a live conference call streamed via webcast shortly afterwards. Retail investors without a brokerage dial-in can usually listen to a free public replay on the same investor relations page within a few hours of the call ending.
What to expect
A consensus forecast for McDonald’s Q1 2027 adjusted EPS and revenue has not yet been published, since analyst estimates for a quarter this far ahead are not typically compiled until closer to the reporting date. The most recent comparable data point is Q3 2025, when McDonald’s reported adjusted earnings per share of $3.22 against a consensus estimate of $3.33 compiled by LSEG, according to CNBC. Revenue of $7.08 billion for that quarter was roughly in line with the $7.1 billion analysts had expected.
When fresh forecasts for Q1 2027 are published, analysts are likely to focus on three areas: US same-store sales growth, which measures whether existing restaurants are selling more to the same customer base; the performance of value-priced menu items and promotional bundles, which have become central to McDonald’s strategy of defending traffic against budget-conscious diners; and international comparable sales, particularly in markets such as the UK, Germany, Japan and Australia, which make up a large share of systemwide sales. Guidance on full-year unit growth and margin expectations, usually given on the earnings call rather than in the headline release, tends to move the share price as much as the quarterly numbers themselves.
| Quarter | Revenue | Adjusted EPS | vs estimate |
|---|---|---|---|
| Q2 2025 | $6.8 billion | $3.19 | Beat estimate |
| Q3 2025 | $7.08 billion | $3.22 | Missed estimate of $3.33 |
Figures are sourced from Yahoo Finance and CNBC coverage of McDonald’s investor releases. Earlier quarters are omitted here because fully verified, directly sourced figures for them were not confirmed at the time of writing.
What the outcome could mean
| Scenario | Likely market read | Plain-English meaning |
|---|---|---|
| Beat on EPS and revenue, with strong US same-store sales | Shares likely to rise, as happened after several recent quarters | McDonald’s value strategy and loyalty programme are attracting more paying customers than expected |
| In line with analyst estimates | Muted share reaction, attention shifts to guidance comments on the call | Business is performing broadly as expected, with no major surprise for investors |
| Miss on EPS or weak international sales | Shares could fall, especially if management flags pressure on low-income consumer spending | Cost pressures, competition or a softer consumer are eating into profit despite steady sales growth |
What It Means for Your Money
McDonald’s is one of the largest components of many consumer discretionary and dividend-focused index funds, so its results feed into the value of workplace pensions and individual retirement accounts that hold broad US equity trackers, even for investors who have never bought the stock directly. A sharp move in MCD shares on earnings day can have a small but measurable effect on funds tracking the S&P 500 or the Dow Jones Industrial Average, of which McDonald’s is a member.
For everyday consumers, the detail behind the headline numbers matters more than the share price. If McDonald’s reports that value meals and discount bundles are driving higher visit frequency, it signals that households across the US, UK and Europe are still feeling squeezed by the cost of living and are trading down to cheaper dining options. Weaker international comparable sales, particularly in the UK or eurozone, can also hint at broader softness in consumer spending in those regions, which currency traders sometimes read alongside other data when pricing the pound and the euro against the dollar. There is no direct link between McDonald’s earnings and mortgage or savings rates, but the report is one of many data points that feed into the broader picture of consumer health that central banks consider when setting interest rates.
Related events
- McDonald’s previous quarterly results, including year-over-year comparisons of US and international same-store sales
- Other major US consumer and restaurant sector earnings released in the same week
- US retail sales and consumer confidence data, which often move in tandem with fast-food sector results
Frequently Asked Questions
What time does McDonald’s report Q1 2027 earnings?
The estimated time is 4:05 pm ET, which is 9:05 pm in London, though McDonald’s has historically reported before the US market opens rather than after the close, so the exact timing should be confirmed closer to the date.
Is the February 9, 2027 date confirmed?
No, the date is an estimate based on McDonald’s usual reporting pattern of announcing first-quarter results in late January or early February; the company has not yet published an official date for this release.
What was McDonald’s last reported EPS?
In its most recent published results covered here, Q3 2025, McDonald’s reported adjusted EPS of $3.22, against a consensus estimate of $3.33, according to CNBC’s coverage of the LSEG-compiled survey.
Where can I watch the earnings call live?
McDonald’s typically streams its earnings conference call live on its investor relations website, with a replay usually made available within a few hours for those unable to listen live.
Why do McDonald’s earnings matter beyond its own shareholders?
Because McDonald’s operates in over 100 countries and serves a broad cross-section of income levels, its results are often used by economists and investors as an informal indicator of global consumer spending trends.