What to Expect from McDonald's Quarterly Report
McDonald's(MCD) Schaeffers Investment Research·2024-07-24 16:41
Blue-chip fast food name McDonald's Corp (NYSE:MCD) is preparing to enter the earnings confessional, with second-quarter results due out before the open on Monday, July 29. The company's results come after a deluge of disappointing Big Tech earnings, and MCD has a history of mixed post-earnings reactions.Specifically, four of eight next-day sessions were higher, but shares fell 3.7% and 0.2% after the company's last two quarterly reports. The equity averaged a 1.8% swing in the last eight quarters, regardle ...