McDonald's (MCD +0.2%) could slip lower as its underperforms analyst estimates in Q2, according...

|About: McDonald's Corporation (MCD)|By:, SA News Editor

McDonald's (MCD +0.2%) could slip lower as its underperforms analyst estimates in Q2, according to Hedgeye. The firm thinks the Street has revenue projections for McDonald's set too high as it notes misses for April same-store sales for Europe and APMEA will be hard to make up in May and April with sales momentum languishing. (long-term MCD sales charts)