McDonald’s (MCD) Q4 2025 Earnings


McDonald’s prepares cheeseburgers, fries and soda on Tuesday, September 2, 2025, in Celena, Texas, United States.

Jack Dockins | Bloomberg | Getty Images

McDonald’s Fourth-quarter earnings are expected after the bell on Wednesday.

Here’s what Wall Street analysts surveyed by London Stock Exchange Group (LSEG) expected from the company’s report:

  • Earnings per share: Estimated $3.05
  • rightevent: Expected to be US$6.84 billion

The fast-food giant, often seen as a leader in consumer spending, has been warning for more than a year that lower-income consumers are spending less. In response, McDonald’s has taken discount productsfrom launching value menus to relaunching value combo meals.

One bright spot for McDonald’s and the broader fast-food market is that higher-income diners are abandoning fast-casual restaurant options. Lively promotional activities won the favor of these consumers and increased the chain’s sales. The fourth quarter includes the return of Monopoly, as well as the return of The Grinch.

Analysts expect McDonald’s same-store sales to grow 3.9% and U.S. sales to grow 5.4%, according to StreetAccount estimates.

Despite the rebound in sales, McDonald’s shares rose only about 4% last year amid widespread industry-wide concerns about consumers and the rise of GLP-1 drugs. The S&P 500 Index rose more than 14% during the same period.



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