McDonald's investors mull report of strong Q2 numbers

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

via Notable Calls

Cleveland Research is raising both Q2 and full-year estimates after saying Q2 sales are running well-ahead of Street consensus.

MCD earlier touched a new 52-week high, perhaps on the Cleveland report, but have retreated back to $199.32, up 0.15% on the session.

McDonald's currently has a Sell-side rating of Outperform, with 21 Buys/Outperforms, 8 Holds, and zero Sells. Seeking Alpha authors are less bullish, with an average author rating of Neutral. The Quant rating is Neutral as well.

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