A McDonald’s cheeseburger, fries and soda is held Tuesday, Sept. 2, 2025, in Celina, Texas, USA.
Jake Dawkins | Bloomberg | Getty Images
McDonald’s is expected to report fourth-quarter earnings after a call on Wednesday.
Wall Street analysts polled by LSEG expect the company to report:
- Earnings per share: $3.05 expected
- Revent: $6.84 billion is expected
The fast-food giant, often seen as a bellwether for consumer spending, has warned for more than a year that lower-income consumers are spending less. In response, McDonald’s opened its arms discount offersfrom the launch of the value menu to the relaunch of Value Added Combos.
One of the bright spots for McDonald’s and the broader fast-food segment is its high-margin dining experience, which falls below fast-casual restaurant options. Strong promotions won over those customers and boosted the chain’s sales as well; the fourth quarter featured the return of Monopoly as well as Grinch food for the holiday season.
Analysts expect McDonald’s to see same-store sales rise 3.9%, compared with 5.4% growth in the U.S., according to StreetAccount estimates.
Despite the uptick in sales, McDonald’s shares have risen only 4% in the past year, weighed down by broader consumer concerns and the rise of GLP-1 drugs.