4 Restaurant Earnings Reports To Watch For This Week: (MCD, BWLD, PNRA, CAKE)

This week, from Monday July 25^th to Friday July 29^th, represents the busiest week of the current earnings reporting cycle, with over 1000 public companies set to release their financial results for their most recent fiscal quarter.

One industry that many will have an eye on will be the restaurant industry, as investors and analysts alike look for recent increases in consumer spending to provide a boost for the industry’s members. Last week we saw Chipotle Mexican Grill (NYSE:CMG) miss on earnings and revenues estimates and show a worse-than-expected decline in same-store sales, while other companies like Dominos Pizza (NYSE:DPZ) posted much stronger results.

This week there are 4 restaurants that will be releasing their financial results that we will be on the lookout for, and we’ve laid them out below.

McDonald’s Corp. (NYSE:MCD)

The first restaurant stock to release their earnings this week of the group is McDonald’s Corporation (NYSE:MCD) , which is scheduled to release its second quarter fiscal 2016 financial results on Tuesday before market open. MCD is currently a Zacks Rank #3 (Hold), and shares of the fast food giant are up nearly 8% year-to-date.

Heading into its earnings report, the Zacks Consensus Estimate for earnings per share stands at $1.38.For revenue, the company is estimate to post sales of $6.29 billion, which would be 3.26% lower than sales for the same period a year ago. MCD has beat earnings estimates in each of its last 4 quarters, posting an average earnings surprise of 5.07%.

MCDONALDS CORP Price and EPS Surprise

MCDONALDS CORP Price and EPS Surprise | MCDONALDS CORP Quote

Buffalo Wild Wings (NASDAQ:BWLD)

The next restaurant to report will be Buffalo Wild Wings (NASDAQ:BWLD) , which is set to report its second quarter fiscal 2016 results on Tuesday after market close. BWLD is currently a Zacks Rank #2 (Buy) stock, and year-to-date shares are down more than 8%.

The Zacks Consensus Estimate for the company’s earnings stands at $1.26, and in regards to revenue the estimate stands at $502.32 million. If the estimates are met, they would represent year-over-year growth of 12.8%, and 17.81% respectively. BWLD has missed earnings estimates in each of its last 4 quarters, posting an average earnings surprise of -11.22%.

BUFFALO WLD WNG Price and EPS Surprise

BUFFALO WLD WNG Price and EPS Surprise | BUFFALO WLD WNG Quote

Panera Bread Company (NASDAQ:PNRA)

Also reporting its second quarter fiscal 2016 results Tuesday after market close will be Panera Bread Co. (NASDAQ:PNRA) . Currently a Zacks Rank #3 (Hold), shares of the PNRA are up over 11% year-to-date. The Zacks Consensus Estimate for EPS stands at $1.75, which represents year-over-year earnings growth of 8.82%.

Revenue estimates for the quarter stand at $698.29 million, which would represent year-over-year growth of 3.20%. PNRA has beaten on earnings estimates in 3 of its last 4 quarters, posting an average earnings surprise of 2.29%.

PANERA BREAD CO Price and EPS Surprise

PANERA BREAD CO Price and EPS Surprise | PANERA BREAD CO Quote

Cheesecake Factory (NASDAQ:CAKE)

Finally, Cheesecake Factory (NASDAQ:CAKE) will report its second quarter fiscal 2016 financial results on Wednesday, after the market closes. CAKE is currently a Zacks Rank #3 (Hold), and shares of the company are up nearly 15% year-to-date.

The Zacks Consensus Estimate for EPS stands at $0.71, which would represent year-over-year growthof 2.37%. For revenues, the Zacks Consensus Estimate stands at $562.95 million, which represents year-over-year growth of 6.40%. In each of the last 4 quarters, CAKE has beaten on earnings estimates, posting an average earnings surprise of 8.46%.

CHEESECAKE FACT Price and EPS Surprise

CHEESECAKE FACT Price and EPS Surprise | CHEESECAKE FACT Quote

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>