In its upcoming report, McDonald's (MCD Quick QuoteMCD - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $3.36 per share, reflecting an increase of 4.4% compared to the same period last year. Revenues are forecasted to be $7.28 billion, representing a year-over-year increase of 2.9%.

The consensus EPS estimate for the quarter has undergone a downward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.

Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

That said, let's delve into the average estimates of some McDonald's metrics that Wall Street analysts commonly model and monitor.

It is projected by analysts that the 'Revenues- Franchised revenues- Total' will reach $4.52 billion. The estimate indicates a year-over-year change of +3.6%.

Analysts forecast 'Revenues- Company-owned and operated sales- Total' to reach $2.57 billion. The estimate suggests a change of +0.4% year over year.

The combined assessment of analysts suggests that 'Revenues- Franchised revenues- International Operated Markets' will likely reach $2.04 billion. The estimate suggests a change of +3.8% year over year.

The consensus among analysts is that 'Revenues- Company-owned and operated sales- U.S.' will reach $767.49 million. The estimate points to a change of -2.9% from the year-ago quarter.

Analysts' assessment points toward 'Systemwide restaurants - Total Systemwide' reaching 46,566 . The estimate compares to the year-ago value of 44,599 .

Analysts predict that the 'Systemwide restaurants - Total International Developmental Licensed Markets & Corporate' will reach 21,740 . Compared to the present estimate, the company reported 20,323 in the same quarter last year.

The collective assessment of analysts points to an estimated 'Comparable sales growth - International Operated Markets - YoY change' of 2.0%. Compared to the current estimate, the company reported 4.3% in the same quarter of the previous year.

Analysts expect 'Comparable sales growth - International Developmental Licensed Markets & Corporate - YoY change' to come in at 3.3%. Compared to the present estimate, the company reported 4.7% in the same quarter last year.

The average prediction of analysts places 'Comparable sales growth - Total - YoY change' at 1.5%. Compared to the present estimate, the company reported 3.6% in the same quarter last year.

According to the collective judgment of analysts, 'Systemwide restaurants - Total International Operated Markets' should come in at 11,008 . Compared to the current estimate, the company reported 10,643 in the same quarter of the previous year.

Based on the collective assessment of analysts, 'Systemwide restaurants - Total U.S.' should arrive at 13,819 . The estimate compares to the year-ago value of 13,633 .

The consensus estimate for 'Systemwide restaurants - Company-owned and operated' stands at 2,004 . The estimate is in contrast to the year-ago figure of 2,053 .

Shares of McDonald's have demonstrated returns of +11% over the past month compared to the Zacks S&P 500 composite's +0.7% change. With a Zacks Rank #4 (Sell), MCD is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .