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

Reported EPS

$3.38

Estimate

$3.32

Surprise

+1.8%

Score at report (before → after)

6.1 → 6.0/10

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.

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.

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.

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 price

$263.92

Price target

$290.16

Stop

$254.10

Upside to target

+9.9%

Reward-to-risk

2.0:1

Model outputs from TrendMatrix’s engine as of 2026-08-28 — shown for context, not personalized investment advice.

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

$184.03B

P/E (fwd)

18.6

P/E (ttm)

21.7

52-week range

$259.85–$341.75

Off 52-week high

22.8%

RSI (14)

37

Volume vs avg

0.55×

Score today

5.2/10