McDonald's (MCD) is expected to post fourth-quarter earnings before the bell Monday, with analysts mostly bullish on the fast-food giant's stock.

Nine of the 14 analysts covering the stock tracked by Visible Alpha have a “buy” or equivalent rating, with five "hold" ratings. Their consensus price target of about $323 would suggest 10% upside from Friday's close.

McDonald's is expected to report a close to 1% rise year-over-year in fourth-quarter revenue to $6.46 billion, along with a 3.6% drop in adjusted net income to $2.06 billion, or $2.87 per share.

Analysts Expect Same-Store Sales De🔯cline To Cap Difficult 2024

Analysts also expect 澳洲幸运5官方开奖结果体彩网:same-store sales could also post a slight decline from a year ago, before returning to growth this year. The quarter will cap a year that brought McDonald's a 澳洲幸运5官方开奖结果体彩网:sales decline in the U.S. as executives said 澳洲幸运5官方开奖结果体彩网:customers feeling the impact o💧f inflation pulled back spending on things like fast food.

The shift drove McDonald's to focus on value, 澳洲幸运5官方开奖结果体彩网:rolling out a $5 value meal last summer that was extended through the end of the year, and into 2025. The company also added 澳洲幸运5官方开奖结果体彩网:other value-centric promotion♒s this year, with a number of competitors following suit.

Monday's report could also show any negative 澳洲幸运5官方开奖结果体彩网:impact on sales that McDonald's felt after an 澳洲幸运5官方开奖结果体彩网:E.coli outbreak connected to onions used in its 澳洲幸运5官方开奖结果体彩网:Quarter Pounder burgers in October.

McDonald's shares were little changed at $294.30 Friday. They haven't recovered from the drop they experienced following the E.coli outbreak.