Q3 Earnings Report by McDonald’s and General Motors tomorrow!

October 23, 2017

Q3 Earnings Continue: General Motors & McDonald’s.

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Q3 Earnings Report by McDonald’s and General Motors tomorrow!

This article is originally referred from AvaTrade News

The leading companies of the global economy continue to publish their earnings reports for the 3rd quarter of 2017.

The markets worldwide are waiting with excitement, and keeping traders on their toes to find the next mega opportunity.

Read the following details to learn which companies will publish Q3 earnings, and which shares might experience market volatility. We also included a tip at the end!

McDonald’s

 Release Date:  Tuesday, October 24th
 Release Time:  Before market open
 Earnings Per Share Forecast:  $1.74
 MT4 Symbol:  #MCDONALDS
 Q2 2017 EPS Forecast / Actual:  $1.62 / $1.73
 Q3 2016 EPS Forecast / Actual:  $1.48 / $1.62
Recent News: The fast food giant is continuing to improve the restaurants and the technology being used. They are also offering lower priced food and drinks.

General Motors

 Release Date:  Tuesday, October 24th
 Release Time:  Before market open
 Earnings Per Share Forecast:  $1.09
 MT4 Symbol: #GM
 Q2 2017 EPS Forecast / Actual: $1.72 / $1.89
 Q3 2016 EPS Forecast / Actual: $1.44 / $1.72
Recent News: The US-based vehicle manufacturer was recently fined $120M due to a massive scandal about the ignition switch defect.

How to trade Q3 Earnings Reports?

  • Company shares are usually affected from the news about the company in their respective industry. Economic policies, interest rates, and industry data can also affect the share prices.
  • Release Time – Before markets open: This means that the report will be published before the market opens. Interested traders can either open their positions the day before and see the action once the market is open, or choose to wait until the report is released and expect an opportunity after initial movement.
  • Release Time – After markets close: This means the report will be published after the market is closed. Interested traders can open their positions the same day and see the action tomorrow, or wait until tomorrow and expect an opportunity after initial movement.

Original Source: AvaTrade News

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