EveryTimeICash

View Original

McLovin' (MCD Earnings)

McDonald's (MCD) is set to report Q2 results tomorrow before the open with a call to follow at 11am ET. 

The CapitalIQ consensus estimate for Q2 non-GAAP EPS is $2.05 and for revenue it's $5.34 bln.

MCD has beaten EPS consensus estimates six quarters in a row and all but one were in the $0.07-0.12 range so analysts have a pretty good sense as to what to expect.

Global comps are always a key metric for MCD

Technology has been another key focus, which includes its mobile app, self-order kiosks, digital menu boards and delivery.

TECHS:

The stock has been rising since August 2018 from around $160 to around $213 currently.


If you liked this content please click the ❤️ below and/or share it!

FREE STUFF & SHAMELESS PLUGS:

Check out the latest episode from my podcast below.

See this SoundCloud audio in the original post

FREE Trading Packet

Click here to get my packet that shows you how I traded $600 into $100K FOR FREE.

I am happy to share this. Just use the code KPAKFRAUD at checkout and you will get it TOTALLY FREE. You will pay absolutely nothing.

This Week’s Earnings Packet:

Click here if you’d like a more in depth look at this week’s earnings names and how I will play them.

If you'd like to follow my trades in real time click the "Join Now" button at the bottom of the page. For those that will and have asked, use the code 1ST on checkout for a discount with no commitment beyond one month.