Erste Group Bank Raises McDonald's FY2027 EPS Forecast

Investment analysts see higher earnings for the fast-food giant in the coming years.

Apr. 8, 2026 at 12:37pm

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Investment analysts at Erste Group Bank have increased their forecast for McDonald's Corporation's (NYSE: MCD) earnings per share (EPS) for fiscal year 2027. The bank's analyst S. Lingnau now expects the fast-food company to earn $14.39 per share in FY2027, up from the previous estimate of $14.35 per share.

Why it matters

McDonald's is one of the world's largest fast-food chains, with over 38,000 locations globally. Analysts' projections for the company's future earnings are closely watched by investors as an indicator of the brand's long-term growth potential and profitability.

The details

Erste Group Bank has a "Buy" rating on McDonald's stock. The consensus estimate for the company's current full-year earnings is $12.25 per share. Other analysts have also recently adjusted their price targets for McDonald's, with KeyCorp raising its target to $354 and Barclays increasing its target to $380.

  • Erste Group Bank released its updated FY2027 EPS forecast for McDonald's on Thursday, April 2, 2026.
  • McDonald's is expected to report its current full-year earnings in early 2026.

The players

Erste Group Bank

An Austrian banking group that provides investment research and analysis on various companies, including McDonald's.

S. Lingnau

An analyst at Erste Group Bank who covers McDonald's and increased the bank's FY2027 EPS forecast for the company.

McDonald's Corporation

A global fast-food restaurant chain known for its hamburgers, French fries, and breakfast offerings.

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