McDonald's Q3 Earnings Preview: Trump Visit, E. Coli Outbreak In Focus, Analysts Highlight Global Scale, Franchise Strength
Portfolio Pulse from Chris Katje
McDonald's is set to report its Q3 earnings amidst recent events including a visit by Donald Trump and an E. coli outbreak in the US. Analysts expect revenue of $6.82 billion and EPS of $3.20. The E. coli outbreak's impact is uncertain, but analysts suggest it may not be as severe as past outbreaks at other chains. McDonald's global franchise model may help mitigate financial impacts.
October 28, 2024 | 7:53 pm
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McDonald's is facing scrutiny ahead of its Q3 earnings due to an E. coli outbreak and a visit by Donald Trump. Analysts expect revenue of $6.82 billion and EPS of $3.20. The outbreak's impact is uncertain but may be less severe than past incidents at other chains.
The E. coli outbreak and Trump's visit are significant events that could impact McDonald's stock. However, analysts suggest the financial impact of the outbreak may be limited due to McDonald's global franchise model and quick response. The earnings report will provide more clarity.
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