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JAN 23, 2013 - Business Insider

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LIVE: McDonald's Announces Earnings (MCD)

Minutes away from the release of the McDonald's fourth quarter earnings report, due out at 7:58 AM ET. Analysts expect the fast-food giant to report earnings of $1.33 per share, down from $1.43 per share in the previous quarter. Fourth-quarter sales are expected to come in at $6.898 billion, down from $7.152 billion in Q3. In an earnings preview, Morgan Stanley analysts John Glass and  Sushama Dasari write: We’re not wild-eyed optimists, but do think we’re edging closer to an inflection point. Much like the last two Qs, the 4Q will have its challenges, including possible neg ... Read More

Tags: LIVE: McDonald's Announces Earnings (MCD),  Morgan Stanley Latest News