McDonald’s is expected to report third-quarter earnings on Wednesday before the market opens. Analysts surveyed by LSEG forecast earnings per share of $3.38 and revenue of $7.29 billion. The company named Skye Anderson as its U.S. president after disappointing results in the previous quarter, driven partly by uneven execution of value offers and complicated launches of new menu items. Analysts expect U.S. same-store sales to decline 0.5%, while investors will closely examine management’s comments on the October trend. Over the past year, McDonald’s shares have fallen about 11%, and the company has a market capitalization of roughly $186 billion.
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