InvestorsKeyhole Unusual Options Activity

Traders see McDonald’s moving higher after earnings

Traders are betting Wednesday that McDonald’s Corporation (MCD) will trend higher following its upcoming earnings report. The company reports fourth-quarter earnings January 30, with the consensus calling for earnings of $1.89 per share, up from $1.71 during the same period last year. So far today, 6,017 contracts of the February 197.50 call have changed hands, against open interest of 98 contracts.

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MCD
About McDonald's Corporation

McDonald's generates revenue through company-owned restaurants, franchise royalties, and licensing pacts. Restaurants offer a uniform value-priced menu with some regional variations. As of June 2019, there were roughly 38,100 locations in 120 countries: 35,500 franchisee/affiliate units and 2,600 company units. After reorganizing the company into segments based on the maturity and competitive position of its different markets, refranchising 4,000 locations, and eliminating $500 million in net annual SG&A expenses the past several years, the company is focused on "velocity growth accelerators" such as an Experience of the Future layout (counter, kiosk, web ordering and table service/curbside delivery), mobile ordering and payments, and delivery alternatives.

  • Last Price:
    $208.38
  • Previous Close:
    $209.02
  • Change:
    $-0.64 (-0.31%)
  • Open:
    $208.00
  • Volume:
    3,078,726
  • Average Volume (100 Day):
    3,002,279
  • Market Capitalization:
    $158.3 B
  • Day's Range:
    $207.79 - $210.02
  • Dividend Yield:
    2.39%
  • 52-week Range:
    $222 - $162.90
  • P-E:
    27.10
  • EPS:
    $7.61
  • Earnings Date:
    10/22/19
  • Ex Dividend Date:
    11/29/19
  • Sector:
    Consumer Cyclical
  • Industry:
    Restaurants
  • Analyst Average Recommendation:
    Strong Buy

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