Dropping 8% Year To Date, Will McDonald's Stock Recover Post Q1 Results?

YICHANG, CHINA - APRIL 18, 2024 - A McDonald's store is seen in Yichang, Hubei province, China, ... [+] April 18, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images)Future Publishing via Getty ImagesMcDonald's stock (NYSE: MCD), a restaurant chain consisting of more than 40,000 mostly franchised stores, is scheduled to report its fiscal first-quarter results on Tuesday, April 30. We expect MCD stock to likely trade higher with both revenues and earnings beating expectations in Q1 resul ...