McDonald's will release its' 3rd quarter earnings on October 21st. It will be aired on their conference call webcast at 10:00 a.m. Central Time. You can listen via the link below:
http://www.aboutmcdonalds.com/mcd/investors/webcasts_podcasts/3Q10_Earnings_Conference_Call_Webcast.html
Analysts believe MCD will report higher earnings than initially forecasted. Janney Capital Markets analyst, Mark Kalinowski, raised his third quarter earnings per share estimate by 2 cents to $1.27.
http://www.forbes.com/feeds/ap/2010/10/18/business-specialized-consumer-services-us-mcdonald-apos-s-analyst-note_8021286.html?boxes=financechannelAP
MCD closed today at $77.32 down -$0.16 (or -0.21%).
http://www.google.com/finance?q=mcd
We will have to wait until Thursday to see how the announcement will affect the stock price, and also to see if Mr. Kalinowski's predictions are correct.
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