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McDonald’s (MCD) Q1 2026 earnings

People walk past a McDonald’s restaurant on March 11, 2026 in Las Vegas, Nevada.

Kevin Carter | Getty Images

McDonald’s It is expected to report first-quarter earnings before the bell on Thursday.

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

  • Earnings per share: $2.74 expected
  • Revenues: $6.47 billion is expected

McDonald’s and its CEO in March Chris Kempczinski went viral – in all the wrong ways – for a taste test of the new Arch Burger, which viewers were less than enthusiastic about. Despite mockery from rivals and social media users, Wall Street still predicts the fast food giant had a strong quarter. Analysts expect McDonald’s to report same-store sales growth of 3.7%, according to StreetAccount estimates.

Investors will also be looking for signs that higher gas prices will affect McDonald’s sales. Average fuel prices have soared since the U.S. war with Iran began in late February, leading to higher pump prices and reduced disposable income for many already cash-strapped consumers.

Shares of McDonald’s fell 10 percent last year, hurt by concerns about the overall economy. The S&P 500 is up about 31% during the same period. The company’s market value is approximately $201.5 billion.

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