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This Friday McDonald's Corporation (NYSE: MCD) is going to be reporting its third quarter earnings, and expectations are high for the fast food giant. As BloggingStocks' own Melly Alazraki discussed last week, McDonald's is riding high after posting very strong September same store sales, leading Mrs. Alazraki to believe the company is due to blow away its earnings this Friday.

Analysts are expecting to see the company show earnings of 81 cents a share, but the company has forecast that it will exceed this estimate and report 83 cents a share.

MarketWatch is also expecting to see strong numbers this Friday morning. In its earnings outlook MarketWatch advised its readers to expect a "another red hot" quarterly report, citing the fact that the company had released so much positive news last week in its September sales report.

Continue reading McDonald's (MCD) third quarter earnings preview

McDonald's (MCD) third quarter earnings preview originally appeared on BloggingStocks on Tue, 16 Oct 2007 17:27:00 EST. Please see our terms for use of feeds.

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