McDonald's is about to report earnings. Here's what to expect
Publishing timestamp: 2023-01-31 00:01:01
Summary
McDonald's is set to report fourth-quarter earnings before bell Tuesday. Analysts are expecting strong demand for McDonald's in U.S. and more resilience in Europe than previously anticipated. Wall Street is forecasting earnings growth of 6.5% and revenue growth of 3.8% in 2023. Shares of McDonald's have risen 5.8% in last 12 months, giving it market value of $209 billion.
Sentiment: POSITIVE
Tickers: MCD,
Keywords: united states, chicago, retail industry, mcdonald's corp, business news, business, breaking news: business, restaurants, markets, earnings, breaking news: earnings,
Source: https://www.cnbc.com/2023/01/31/mcdonalds-mcd-q4-2022-earnings.html