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McDonald's earnings preview

Published 10/23/2017, 02:42 PM
© Reuters.  McDonald's earnings preview
MCD
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  • McDonald's (MCD -1.3%) trades lower ahead of tomorrow's Q3 earnings report.
  • Analysts expect the company to disclose revenue of $5.75B and EPS of $1.76 for the quarter. Comparable sales growth of 4.5% is anticipated, including a 3.4% mark for the U.S. and 5.0% increase in the company's high growth markets segment.
  • There could be some pressure on the U.S. comparable sales mark due to the hurricanes in the U.S. during Q3, but a counteracting force could be the strong reception to the restaurant chain's Experience of the Future roll-out which some analysts see underpinning a strong outlook from McDonald's management.
  • Shares of McDonald's are up about 6.7% since Q2 numbers were spilled.
  • Sources: CNBC and Bloomberg
  • Now read: McDonald May Fall Victim Of Historically Low Interest Rates


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