McDonald's (MCD) earnings will be released April 25th, premarket. Alex Coffey and Jenny Horne discuss MCD as its adjusted EPS is estimated at $2.30 and revenue is estimated at $5.57B. They talk about how MCD has been negatively impacted by international markets, but are expected to do better in China. They also go over how MCD's size can be beneficial or harmful to the company. They then note how MCD's robust digitalization could be helpful in avoiding mass layoffs. Alex then demonstrates an example trade using MCD. The trade type is a skewed call butterfly and the direction is bullish. Tune in to find out more about the stock market today.
Next Gen Investing
21 Apr 2023
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