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.
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