McDonald's Corporation (MCD) is expected to report second-quarter earnings today before markets open. MCD has missed both Estimize and Wall Street consensus for the past 5 consecutive quarters as consumers and investors' confidence shrinks. Estimize currently has 35 estimates for McDonalds, and is predicting an EPS figure of $1.25 compared to Wall Street's $1.23 estimate, both up from $1.01 last quarter. Estimize and Wall Street also predict revenues to increase from a figure of $5.959B last quarter. The Estimize consensus is $6.503B, again higher than the Wall Street consensus of $6.454B. For the last three quarters, both EPS and revenue growth has been negative, with EPS down double-digits.
What to Watch:
The Negatives:
The Positives:
There's no doubt that McDonald's has been working hard to improve customer satisfaction and increase guest traffic, we'll see if those efforts have paid off.
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