Wells Fargo tips off that McDonald's (MCD) will report better than anticipated Q4 earnings and...

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

Wells Fargo tips off that McDonald's (MCD) will report better than anticipated Q4 earnings and sees a higher multiple on shares as same-store sales growth picks back up again in Q2 and Q3. It's a much more bullish stance than the Street as a whole with global sales pressures and the prospect for higher beef prices keeping many firms more cautious on the restaurant chain.