A corporate logo for McDonald’s hangs above the door of a restaurant on Broadway in New York City on June 11, 2025.

Gary Hershorn | Corbis News | Getty Images

McDonald’s is expected to report its second-quarter earnings before the bell on Wednesday.

Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report:

  • Earnings per share: $3.15 expected
  • Revenue: $6.7 billion expected

Last quarter, McDonald’s U.S. restaurants posted their steepest same-store sales decline since the onset of the Covid-19 pandemic. Executives blamed a drop in low- and middle-income diners, who have been feeling more pressure on their wallets this year.

But thanks to buzzy promotions, analysts are more optimistic about this quarter, projecting that domestic same-store sales will increase 2.4%, according to StreetAccount estimates. The burger chain launched McCrispy Chicken Strips during the quarter, and a tie-in meal with the Minecraft movie ran out of collectibles only two weeks into the promotion.

For the full year, McDonald’s has said it plans to open 2,200 locations and to spend between $3 billion and $3.2 billion on capital expenditures. The company is projecting that net restaurant openings will boost its systemwide sales growth by slightly more than 2%.

Shares of McDonald’s have risen roughly 3% this year. The fast-food giant has a market cap of nearly $220 billion.

This story is developing. Please check back for updates.

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