How to Play McDonald's (MCD) Ahead of Q2 Earnings Release?
MCDMcDonald's(MCD) ZACKS·2024-07-25 22:03

McDonald's Corporation (MCD) is slated to release second-quarter 2024 results on Jul 29, before the opening bell.In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 0.4%. However, the company’s top and the bottom line increased 5% and 2% year over year, respectively.MCD surpassed earnings estimate in three out of the trailing four quarters. The average surprise over this period is 6.4%, as shown in the chart below.Image Source: Zacks Investment ResearchTrend in Estima ...