What You Need To Know Ahead of McDonald's Earnings

Analyst Estimates for Q2 2024Q1 2024Q2 2023Revenue$6.63 billion$6.17 billion$6.5 billionDiluted EPS$3.10$2.66$3.15Net Income$2.24 billion$1.93 billion$2.31 billion Key Metric: Comparable Store Sales Comparable-store sales have slowed in recent quarters for McDonald's from double-digit increases last year. Executives have noted the impact inflation has had on many customers. In the second quarter of 2023, McDonald's reported 11.7% comparable sales growth globally, and just over 10% in the U.S. Baird analy ...