McDonald's (MCD) Gains As Market Dips: What You Should Know

McDonald's (MCD) rose 1.96% to $257.49 in the latest session, outperforming the S&P 500 which fell 0.48%. However, the stock has declined 7.44% over the past month. The company is expected to report Q3 EPS of $3.39 (up 5.28% YoY) and revenue of $7.28 billion (up 2.88% YoY). McDonald's holds a Zacks Rank #3 (Hold) rating with a Forward P/E of 19.61, trading at a discount to its industry average of 21.53.