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Why Is McDonald's (MCD) Down 9.1% Since Last Earnings Report?
MCDMcDonald's(MCD) ZACKS·2024-05-31 00:37

It has been about a month since the last earnings report for McDonald's (MCD) . Shares have lost about 9.1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is McDonald's due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. McDonald’s Q1 Earnings Miss, Revenues Top Estim ...