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2023-07-21 16:26:19 ET

McDonald’s ( MCD )

McDonald's ( MCD ), the second-largest restaurant chain by total locations, will report its Q3 earnings before the market opens on Thursday.

With a bullish stance on the stock, UBS thinks MCD is well-positioned for more share gains on the strength of its key competitive advantages, worldwide sales momentum, and potential profit growth. MCD is rated a Buy by UBS with a $330 price target.

• Consensus EPS Estimates: $2.79
• Consensus Revenue Estimates: $6.29B
• Earnings Insight: McDonald’s has missed EPS consensus only once in the past two years, while missing revenue estimates twice.

Also reporting:

Comcast ( CMCSA ), Intel ( INTC ), AbbVie ( ABBV ), Bristol-Myers Squibb ( BMY ), Mastercard ( MA ), Roku ( ROKU ), Harley-Davidson ( HOG ), Mondelez International ( MDLZ ), First Solar ( FSLR ), Crocs ( CROX ), International Paper ( IP ) and more.

Friday, July 28

Procter & Gamble ( NYSE: PG ) will lead a set of consumer staples earnings releases on Friday. The slate also includes Colgate Palmolive ( CL ) and Church & Dwight ( CHD ).

• Consensus EPS Estimates: $1.32
• Consensus Revenue Estimates: $19.95B
• Earnings Insight: The company has beaten EPS estimates in seven of the past 8 quarters and revenue estimates in all of those reports.

The hectic earnings week concludes with multiple energy companies. Both Chevron ( CVX ) and Exxon Mobil ( XOM ) are slated to report Q2 earnings results during premarket hours on Friday.

Also reporting: W. P. Carey ( WPC ), AstraZeneca PLC ( AZN ), T. Rowe Price Group ( TROW ), Franklin Resources ( BEN ), Charter Communications ( CHTR ), Hartford Financial ( HIG ) and more.

For further details see: