Earnings

McDonald’s (MCD) Q1 2022 earnings

0


McDonalds and other local stores remain shuttered due to COVID-19 at Times Square on April 13, 2020 in New York, NY.

Eduardo Munoz | Getty Images

McDonald’s is expected to report its first-quarter earnings before the bell on Thursday.

Here’s what Wall Street analysts surveyed by Refinitiv are expecting:

  • Earnings per share: $2.17 expected
  • Revenue: $5.59 billion expected

A year ago, the burger chain was beginning to lap the early days of pandemic lockdowns in the U.S., so analysts have relatively low expectations for domestic same-store sales growth this quarter. Wall Street is forecasting U.S. same-store sales increased by 3.3%, according to StreetAccount estimates. Last quarter, U.S….



Source cnbc.com

0 0 votes
Article Rating

Here are the 5 hottest luxury real estate markets in South Florida

Previous article

Biden blocks sales of inefficient lightbulbs, reversing Trump policy

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Earnings