McDonald's (NYSE: MCD) closed the most recent trading day at $275.60, moving -0.42% from the previous trading session. This change was narrower than the S&P 500's 0.46% loss on the day. Elsewhere, the Dow saw a downswing of 0.98%, while the tech-heavy Nasdaq depreciated by 0.64%.
Shares of the world's biggest hamburger chain have depreciated by 1.87% over the course of the past month, outperforming the Retail-Wholesale sector's loss of 3.05% and the S&P 500's loss of 3.04%.
The investment community will be paying close attention to the earnings performance of McDonald's in its upcoming release. The company is slated to reveal its earnings on April 30, 2024. In that report, analysts expect McDonald's to post earnings of $2.70 per share. This would mark year-over-year growth of 2.66%. Our most recent consensus estimate is calling for quarterly revenue of $6.17 billion, up 4.68% from the year-ago ...