McDonald's Q2 Earnings Expected; Analysts Predict Growth | JQJO

McDonald's is set to release its second-quarter earnings report on Wednesday, with analysts predicting $3.15 EPS and $6.7 billion in revenue. While the previous quarter saw a decline in US same-store sales due to economic pressures, this quarter shows more optimism thanks to successful promotions like McCrispy Chicken Strips and a Minecraft tie-in. The company anticipates opening 2,200 new locations and significant capital expenditures this year, projecting over 2% systemwide sales growth. McDonald's stock is up approximately 3% year-to-date.