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McDonald's is expected to report its first-quarter earnings before the bell on Thursday.
Wall Street expects McDonald's first-quarter same-store sales growth of 3.7%, per StreetAccount.
KEY POINTS
- Analysts surveyed by LSEG project McDonald's to report $2.74 EPS and $6.47 billion revenue.
- Investors are closely monitoring whether recent gas price spikes have impacted McDonald's sales.
- McDonald's shares have dropped 10% over the past year, underperforming the S&P 500's 31% rise.
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