McDonald's Set to Post $3.32 EPS on $7.13 Billion Revenue as Sales Growth Slows

1 articles · Updated · CNBC · Aug 4

$3.32 in earnings per share and $7.13 billion in revenue are Wall Street's expectations for McDonald's second-quarter report due before Tuesday's opening bell.
1.3% same-store sales growth is the key operating metric analysts expect, reflecting tougher comparisons after last year's popular Minecraft movie tie-in meal boosted demand.
McDonald's enters the report as a consumer bellwether after executives said in May that a challenging environment was not improving, with gas prices later hitting a four-year high and squeezing lower-income customers.
More than 11% this year, McDonald's shares have fallen, cutting the company's market value to about $191 billion ahead of the results.