McDonald's Q3 Earnings Preview: Trump Visit, E. Coli Outbreak In Focus, Analysts Highlight Global Scale, Franchise Strength

Restaurant company McDonald's Corp (NYSE:MCD) has made plenty of headlines over the last two weeks with an appearance by Donald Trump at a restaurant and an E. coli outbreak at restaurants in the Western portion of the United States.

Analysts and investors are bracing for the impact of these items and more when the company reports third-quarter financial results before the market open Tuesday.

McDonald’s Earnings Estimates: Analysts expect McDonald's to report third-quarter revenue of $6.82 billion, up from $6.69 billion in last year's third quarter, according to data from Benzinga Pro.

The company missed revenue estimates from analysts in two of the last three quarters, but has beaten estimates in seven of the last 10 quarters overall.

Analysts expect the company to report earnings per share of $3.20 compared to earnings per share of $3.19 in last year's third quarter. The company missed analyst estimates in the second quarter, but previously beat estimates in nine straight quarters before that.

Read Also: Donald Trump Would Have To Work At Pennsylvania McDonald’s For 14.5 Years To Equal Presidential Salary

What McDonald’s Analysts Are Saying: Analysts are still weighing the impact of an E. coli outbreak with 75 reported cases and one fatality in 13 states. The company took the quarter pounder off the menu, but will soon be bringing it back without raw onions in the impacted states.

While the financial impact could take some time to be evaluated, analysts recently stressed that a huge selloff in McDonald's stock might be overdone.

"We will monitor the situation as it's only natural to expect a short-term impact to sales," TD Cowen analyst Andrew Charles said.

The analyst, who ...