MCD - How To Earn $500 A Month From McDonald's Stock Ahead Of Q4 Print | Benzinga
McDonald's Corporation (NYSE: MCD) is expected to release earnings results for its fourth quarter, before the opening bell on Feb. 5, 2024.
Analysts expect the fast food giant to report quarterly earnings at $2.82 per share, up from year-ago earnings of $2.59 per share. The Chicago-based company is projected to report quarterly revenue of $6.45 billion, compared to $5.93 billion in the year-earlier quarter, according to data from Benzinga Pro.
McDonald's CEO Chris Kempczinski, last month, released a letter regarding headwinds related to war in the Middle East. In the letter, Kempczinski reflected on 2023 and warned of potential headwinds in markets in and around the Middle East.
"Several markets in the Middle East and some outside the region are experiencing a meaningful business impact due to the war and associated misinformation that is affecting brands like McDonald’s," Kempczinski said.
With the recent buzz around McDonald's, some ...