McDonald's Earnings Preview: Analysts Expect Modest Growth Amid Economic Headwinds

McDonald's is set to release its second-quarter earnings on Tuesday. According to Wall Street analysts surveyed by LSEG, the company is expected to report earnings per share of $3.32 and revenue of $7.13 billion.

The fast-food giant often serves as a consumer bellwether, helping investors gauge overall sentiment and spending. In early May, executives mentioned on the first-quarter earnings conference call that the 'challenging environment' was not improving.

The company faces tough comparisons with the year-ago period, when it released a popular tie-in meal with the 'Minecraft' movie. Analysts are projecting same-store sales growth of 1.3%, which would be a decent showing given the current economic conditions.