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McDonald's Corporation (NYSE:MCD) is expected to report earnings for last fiscal quarter before the opening bell on January 24, 2012.

McDonald's Corporation, together with its subsidiaries, operates as a foodservice retailer worldwide. The company was founded in 1940 and is based in Oak Brook, Illinois. MCD trades an average of 4.8 million shares per day.

52 Week High: $102.22
52 Week Low: $72.89
Book Value: $13.04
Float Short: 0.84%

On average, 21 analysts are expecting a drop of $-0.16 in earnings per share compared to last quarter's results of $1.45. The number to beat is $1.29 per share, based on the estimated mean earnings.Analyst estimates range between $1.26 and $1.32 per share.

The current trailing twelve months P/E ratio is 19.9. The forward P/E ratio is 17.71. I wrote an article (click here to read) about shorting McDonald's call options as McDonald's was overbought at the time. While the short option trade was profitable, I am no longer bearish on the company. All the moving averages including the key 200 day moving average are moving higher. No doubt this is making the trend followers very happy. A break below $100 may spell a change in sentiment, but for now it appears McDonald's is Happy Meals for everyone.

For the same fiscal period year-over-year, revenue has improved to $24.07 billion for 2010 vs. $22.74 billion for 2009. The bottom line has rising earnings year-over-year of $4.95 billion for 2010 vs. $4.55 billion for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $7.47 billion for 2010 vs. $6.84 billion for 2009.Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins to make sure that the bottom line is keeping up with the top line.

Here is a look at the fiscal year revenue.

paid2trade.com revenue gross bar chart for MCD Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Sep-11 $ 7.03 B $ 7.17 B $ 140.17 M 1.99%
Jun-11 $ 6.65 B $ 6.91 B $ 258.28 M 3.89%
Mar-11 $ 6.00 B $ 6.11 B $ 108.82 M 1.81%
Dec-10 $ 6.20 B $ 6.21 B $ 11.68 M 0.19%
Sep-10 $ 6.23 B $ 6.30 B $ 75.04 M 1.2%

M = millions, B = billions

Differences are rounded. (Some onetime items are often excluded in reported EPS)

paid2trade.com Quarterly Estimates And Actual EPS results MCD Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for MCD

paid2trade.com short interest tool. The total short interest number of shares for MCD The number of days to cover short interest based on average daily trading volume for MCD.
paid2trade.com number of days to cover short interest based on average daily trading volume for MCD Brinker International, Inc. (NYSE:EAT) is also scheduled to release last fiscal quarter's results before the opening bell on January 24, 2012.

Brinker International, Inc. owns, develops, operates, and franchises various restaurant brands primarily in the United States. It operates the restaurants under the Chili's Grill & Bar and Maggiano's Little Italy brand names. The company was founded in 1975 and is based in Dallas, Texas. EAT trades an average of 1.4 million shares per day.

52 Week High: $27.97
52 Week Low: $19.50
Book Value: $4.72
Float Short: 13.08%

Analysts are expecting an improvement of $0.15 in earnings per share compared to last quarter's results of $0.30. A beat of $0.45 per share, will top the estimated mean earnings.Analyst estimates range between $0.42 and $0.48 per share.

The current trailing twelve months P/E ratio is 16.8. The forward P/E ratio is 14.79. Brinker has been on a tear lately with the current trend moving off the lows put in October. The 60 day moving average recently moved above the all important 200 day moving average and the 90 day should follow within a week or two. The short interest is simply massive given the large move higher in price. Usually the shorts are the smart money, but clearly they have it wrong this time right now.

Revenue year-over-year has decreased to $2.76 billion for 2011 vs. $2.86 billion for 2010. The bottom line has rising earnings year-over-year of $141.06 million for 2011 vs. $137.70 million for 2010.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $205.42 million for 2011 vs. $154.50 million for 2010.

Here is a look at the fiscal year revenue.

paid2trade.com revenue gross bar chart for EAT Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Sep-11 $ 670.52 M $ 668.40 M $ -2.12 M -0.32%
Jun-11 $ 710.57 M $ 717.49 M $ 6.92 M 0.97%
Mar-11 $ 711.46 M $ 717.12 M $ 5.66 M 0.8%
Dec-10 $ 670.16 M $ 671.89 M $ 1.73 M 0.26%
Sep-10 $ 659.54 M $ 654.89 M $ -4.65 M -0.71%

M = millions, B = billions

Differences are rounded. (Some onetime items are often excluded in reported EPS)

paid2trade.com Quarterly Estimates And Actual EPS results EAT Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for EAT

paid2trade.com short interest tool. The total short interest number of shares for EAT The number of days to cover short interest based on average daily trading volume for EAT.

paid2trade.com number of days to cover short interest based on average daily trading volume for EAT

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.

Source: Earnings Preview: McDonald's, Brinker Report Results Tuesday