McDonald's Faces Mixed Prospects Ahead of Q2 Earnings Report

Despite anticipated revenue growth, McDonald's stock struggles with bearish indicators and inflation pressures.

McDonald's stock has fallen 14% year-to-date, underperforming broader indices.
Analysts expect Q2 revenues to slightly exceed estimates at $6.7 billion, but earnings may be pressured by inflation.
Technical indicators show bearish momentum, with the stock trading below key moving averages.
The company's $5 value meal promotion has seen early success and may be extended into August.
McDonald's long-term outlook remains positive due to digital and delivery initiatives and a strong cash position.