Filed under: Before the bell, Earnings reports, Forecasts, Good news, Consumer experience, Competitive strategy, McDonald’s (MCD)

This Friday McDonald’s Corporation (NYSE: MCD) is going to be reporting its third quarter earnings, and expectations are high for the fast food giant. As BloggingStocks‘ own Melly Alazraki discussed last week, McDonald’s is riding high after posting very strong September same store sales, leading Mrs. Alazraki to believe the company is due to blow away its earnings this Friday.

Analysts are expecting to see the company show earnings of 81 cents a share, but the company has forecast that it will exceed this estimate and report 83 cents a share.

MarketWatch is also expecting to see strong numbers this Friday morning. In its earnings outlook MarketWatch advised its readers to expect a “another red hot” quarterly report, citing the fact that the company had released so much positive news last week in its September sales report.

Continue reading McDonald’s (MCD) third quarter earnings preview

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This entry was posted on Wednesday, October 17th, 2007 at 2:22 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.