Erste Group Banks Cuts McDonald's Earnings Forecast to $13.96

Analysts at Erste Group Bank have lowered their forecast for McDonald's earnings per share in FY2027, predicting $13.96, down from their previous estimate of $14.00.

This is slightly below the current consensus estimate of $12.88 per share and comes after a mixed quarter for the fast-food giant, which saw its revenue increase 3.7% but its EPS beat expectations by just $0.06.

Despite this, McDonald's has maintained its market position and remains a popular choice among investors, with a Moderate Buy rating from analysts and a consensus target price of $321.35.