McDonald's (MCD) will report second quarter financial results before the open tomorrow morning, July 28, with a conference call to overview those results scheduled for 8:30 a.m. ET.

Currently, S&P Capital IQ Consensus estimates that the company will report EPS of $0.76 and revenues of $3.73 bln for the quarter, which would represent a top-line decline of circa 30% yr/yr.

For the last four quarters, McDonald's missed EPS estimates in two quarters while reporting two in-line results on the bottom line.

For the full year, S&P Capital IQ Consensus sees the company delivering EPS of $5.76 and revenues of $18.58 bln.

TECHS:

MCD has a market cap of circa $150 bln and trades at roughly 35x forward earnings estimates.

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