Analyst optimistic about McD 3Q earnings

Analyst optimistic about McD 3Q earnings

Janney Capital Markets raised its estimates for McDonald’s Corp.’s September same-store sales and third-quarter earnings per share, based on the bank’s quarterly McDonald’s Franchisee Survey.

McDonald’s, which operates or franchises more than 14,000 restaurants in the United States, will report its third-quarter earnings Friday morning before the stock market opens.

Janney Capital Markets surveyed 29 domestic franchisees controlling 208 McDonald&rsq

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