At this point, most of the fast food companies have reported earnings for the recent quarter. Some of them have reported
better-than-expected earnings, though revenue generation might have been a concern.
Let's look at the companies that have reported earnings and their current market price after the results.
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McDonald's Corporation (NYSE: MCD)
reported better than expected EPS of $1.45. Since its announcement, the stock shed approximately 6.9 percent.
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Yum! Brands, Inc. (NYSE: YUM) is another
company that delivered strong EPS. The stock has advanced about 1.7 percent higher.
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Restaurant Brands International Inc (NYSE: QSR) provided a positive surprise when its EPS exceeded by $0.06. The stock has
gained 6 percent since then.
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Jack in the Box Inc. (NASDAQ: JACK) EPS
topped by $0.20 to reach $1.07. The stock gained about 10.8 percent.
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Wendys Co (NASDAQ: WEN) reported better
than expected EPS and revenue. However, outlook dragged the stock down by 4.4 percent.
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Sonic Corporation (NASDAQ: SONC)
reported an EPS of $0.01 to $0.43. The stock has gained approximately 4.5 percent since the announcement.
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Popeyes Louisiana Kitchen Inc (NASDAQ: PLKI) is scheduled to announce its second quarter results on August 16. Street
analysts expect EPS of $0.47 on revenue of $63.39 million. In the first quarter, its EPS missed by $0.06.
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Del Taco Restaurants Inc (NASDAQ: TAC)
earned $0.01 more than the Street estimate of $0.12. Shares of the company traded up by 7.4 percent since the announcement on
July 20.
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Shake Shack Inc. (NYSE: SHAK) is slated
to announce results on Wednesday after the market closes. Street expects EPS of $0.13 on revenue of $63.11 million. In the
first quarter, its EPS exceeded by 60 percent.
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