PREVIEW: McDonald's earnings likely to be buoyed by U.S. and international sales

Shares of McDonald's MCD.N are up 0.6% to $327.43 ahead of its quarterly earnings report due before markets open on Wednesday

Wall Street analysts expect MCD to report a ~7% gain in revenue to $6.84 billion helped by growth in sales from U.S. as well as international restaurants. Adj EPS is also seen rising ~7.6% to $3.05 vs $2.83

MCD's EPS has met or beaten estimates five times in past eight qtrs and revenue has met or beaten estimates three times in past eight qtrs

In September, the company reintroduced its Extra Value Meals and began working with franchisees to standardize a 15% discount on combo meals nationwide, up from the current 10% to 11%

Among 39 analysts covering MCD, avg rating is "BUY" and median PT is $344

MCD is up 7.1% YTD vs Dow Industrials' .DJI 4.5% rise