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….