Affected person With Botched Tummy Tuck Will get Makeover You Will not Consider

It’s hard to stomach a Botched case as bad as this.

On the season eight premiere of Botched, patient Mikeal shared the devastating story of how a tummy tuck gone wrong nearly left her badly deformed—and nearly killed her.

“My stomach looks like a disaster,” Mikeal explained on the Aug. 3 episode. “It makes me feel damaged, unattractive, like not even a woman.”

After her husband died in 2008, the West Virgina native lost weight and went under the knife to have some extra skin removed.

“I went for a simple tummy tuck, I ended up in the ICU three times,” Mikeal recounted. “I ended up in the O.R. at least eight times. There were four times that I should have died. I didn’t. Now, I’m in this position of I’ll never look normal. It takes the mental toll of you’re alone and if somebody sees that will they ever want you?”

During her consultation with doctors Terry Dubrow and Paul Nassif, Mikeal detailed the nightmare 14-hour procedure that ruined her life. In Terry’s opinion, Mikeal most likely suffered from a post-surgery infection and skin-eating disease, which is very often lethal.

Airbnb (ABNB) Q2 earnings report 2023

Airbnb shares slid as much as 6% in extended trading on Thursday after the short-term home-rental company reported a smaller sum of nights and experience booked in the second quarter than analysts had projected.

Here’s how the company did:

  • Earnings: 98 cents per share, vs. 78 cents per share as expected by analysts, according to Refinitiv.
  • Revenue: $2.48 billion, vs. $2.42 billion as expected by analysts, according to Refinitiv.

Airbnb’s revenue grew 18% year over year in the quarter, according to a statement. Net income reached $650 million, compared with about $379 million, or 56 cents per share, in the year-ago quarter.

The company reported $19.1 billion in gross booking value for the quarter. That was up 12% from the second quarter of last year and above the $18.99 billion consensus among analysts surveyed by StreetAccount.

Airbnb said it had 115.1 million nights and experiences booked during the quarter, up almost 11%, but less than the 117.6 million StreetAccount consensus. Nights and experienced booked increased 19% in the first quarter.

In a letter to shareholders, Airbnb said the nights and experiences booked number was up against a tough comparison.

“We saw an improvement in year-over-year Nights and Experiences Booked growth during the quarter from 10% in April to 15% in June,” the company said. “In particular, we were encouraged by the acceleration in year-over-year nights in North America throughout the quarter, and the recovery in EMEA in June following challenging holiday comparisons in May.”

Gross booking value per night, at $166.01, was up 1% year over year.

With respect to guidance, Airbnb called for $3.3 billion to $3.4 billion in third-quarter revenue, or 14% to 18% growth. Analysts polled by Refinitiv had been looking for $3.22 billion. Management called for a “modest” sequential acceleration in nights and experiences booked.

Airbnb still sees plenty of service opportunities that could add to revenue growth, CEO Brian Chesky told analysts on a conference call. He said there are plenty of services people can buy when they stay in hotels and resorts that Airbnb has yet to make available to its guests.

He said an advertising platform is “obviously” one thing Airbnb could add, and the company could also start matching available hosts with people with homes who lack the time to host.

During the quarter Airbnb introduced Rooms in an effort to play up the appeal of affordable private bedrooms to rent out, at $67 per night on average.

Notwithstanding the after-hours move, Airbnb shares have risen about 64% so far this year, outperforming the S&P 500 stock index, which is up 17% over the same period.

Executives will discus the results with analysts on a conference call starting at 4:30 p.m. ET.

This is breaking news. Please check back for updates.

Trump grand jury in particular counsel election probe leaves court docket

Television news crews setup outside the the E. Barrett Prettyman U.S. District Court House on July 25, 2023 in Washington, DC. Former President Donald Trump has said he’s been informed that he is the target of an investigation by a grand jury examining Jan. 6 and efforts to overturn the 2020 election led by special counsel Jack Smith.

Kevin Dietsch | Getty Images

LIVE UPDATES: Former president Donald Trump predicts he will be indicted in 2020 election probe

Members of the grand jury hearing evidence in the special counsel probe of possible 2020 election interference by former President Donald Trump and others left a federal courthouse Tuesday afternoon, fueling speculation that an indictment against the former president was imminent.

It has been two weeks since Trump announced he was a target in the federal investigation into the efforts to overturn President Joe Biden’s 2020 victory. The probe, lead by special counsel Jack Smith, is also focused on the events surrounding the Jan. 6 Capitol riot.

Trump’s receipt of a target letter gave the strongest indication yet that the former president would likely be charged in the election probe.

The grand jurors met last Thursday, but left for the day without any hint that they had voted to return indictments.

On Tuesday morning, they headed up to their area on the third floor of the E. Barrett Prettyman courthouse in Washington, D.C., according to NBC News reporters in the building.

The grand jury broke for lunch around noon ET, and resumed meeting about an hour later.Members were seen departing from the courthouse around 2 p.m.

Trump has already been indicted twice since he launched his 2024 presidential campaign, his third run for the White House.

In March, Manhattan prosecutors charged him with falsifying business records related to hush money payments made before the 2016 election to women who allege they had extramarital affairs with Trump.

In June, he was charged with 37 criminal counts in a case that was centered on his handling of classified records after leaving the White House in 2021. Smith is leading both of the federal probes into Trump.

A superseding indictment in the classified documents case was filed last week, and hit Trump with additional charges.

Those new charges related to an alleged effort by Trump and his co-defendants to delete surveillance footage from Mar-a-Lago, the Florida resort where the top secret records had been stored. Carlos de Oliveira, a property manager at the club who has been added to the case as the third defendant, told another Mar-a-Lago employee that “the boss” wanted to delete a server containing the security footage, prosecutors alleged.

Trump declared in an all-caps social media post over the weekend that the tapes were “voluntarily handed over” to Smith’s prosecutors, whom the former president lambasted as “thugs.”

“We did not even go to court to stop them from getting these tapes,” Trump wrote. “I never told anybody to delete them.”

Pfizer (PFE) Q2 earnings report 2023

Pavlo Gonchar | Lightrocket | Getty Images

Pfizer on Tuesday reported second-quarter adjusted earnings that topped Wall Street’s expectations, but posted revenue that fell short of estimates as Covid product sales plunged.

Pfizer reported second-quarter sales of $12.73 billion, down 54% over the same period a year ago.

Excluding sales of the company’s Covid vaccine and Covid antiviral pill Paxlovid, revenue grew 5% operationally. Together, the products raked in $1.6 billion in revenue for the quarter.

Here’s how Pfizer results compared with Wall Street expectations, based on a survey of analysts by Refinitiv:

  • Earnings per share: 67 cents per share adjusted, vs. 57 cents per share expected
  • Revenue: $12.73 billion, vs. $13.27 billion expected

Pfizer booked a net income of $2.33 billion, or 41 cents per share. That fell from $9.91 billion, or $1.73 per share, during the same period a year ago. 

Excluding certain items, the company’s earnings per share were 67 cents per share for the quarter. 

Looking ahead, the New York-based company narrowed its 2023 sales forecast to $67 billion to $70 billion, from a previous forecast of $67 billion to $71 billion. 

Pfizer reiterated its full-year adjusted earnings outlook of $3.25 to $3.45 per share.

Shares of Pfizer have fallen nearly 30% this year, putting the company’s market value at roughly $203 billion.

Pfizer is in a transition period as it navigates its post-pandemic boom.

The company and rival drugmakers like Moderna have seen a steep drop off in Covid-relates sales this year as the world emerges from the pandemic and relies less on blockbuster vaccines and treatments that help protect against the virus.

That decline, which has weighed on Pfizer’s sales during the past two quarters, shows no signs of abating.

But Pfizer is pinning its hopes on mergers and acquisitions and a record pipeline to help the company pivot to new areas of growth. 

Investors are eager for executives to provide updates on Pfizer’s several near-term drug launches, which CEO Albert Bourla said in May will help grow non-Covid revenues “at a faster rate” during the second half of the year.

That includes Pfizer’s vaccine for respiratory syncytial virus and its updated Covid shot – both of which are slated to roll out during the third quarter.

Executives are also likely to be asked about the company’s $43 billion acquisition of cancer therapy maker Seagen – a deal Pfizer believes could contribute more than $10 billion in risk-adjusted sales by 2030. 

The U.S. Federal Trade Commission asked Pfizer and Seagen for more information on their proposed merger during the second quarter. The move came as the agency cracks down on similar deals in the pharmaceutical industry. 

Executives will also likely to address the tornado that hit Pfizer’s major plant in North Carolina after the company told hospitals last month that more than 30 drugs may see new supply disruptions due to the damage.

Pfizer will hold a conference call at 10 a.m. ET on Tuesday. 

Home lawmakers scrutinize pandemic-era worker retention tax credit score

IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023.

Kevin Lamarque | Reuters

Scrutiny of a pandemic-era tax credit intensified this week as lawmakers, the IRS and tax professionals sought solutions for the wave of small businesses that wrongly claimed the tax break. 

The employee retention credit, or ERC, was enacted in 2020 to support small businesses affected by shutdowns during the Covid-19 pandemic and is worth thousands of dollars per employee. There’s still time for eligible businesses to amend returns and claim credits, which has sparked a cottage industry of firms, known as “ERC mills,” pushing the credit to businesses that may or may not qualify.

“While it was a great opportunity and much-needed lifeline to small businesses, it is fraught with fraud,” said Roger Harris, president of accounting and tax firm Padgett Advisors, speaking at a House Ways and Means Committee hearing Thursday.

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“Any time this amount of money is being handed out through the tax system, the bad actors show up, and they have shown up in large numbers,” he said.

As of July 26, the IRS said, it had roughly 506,000 unprocessed Form 941-X amended payroll tax returns.

As the IRS works through its backlog of unprocessed amended returns, it’s unclear how many small businesses may have wrongly claimed the credit. But a future audit “could ruin them,” according to Harris.

The IRS has received more than 2.5 million ERC claims since the beginning of the program, but processing has slowed due to the “complexity of the amended returns,” according to the agency.

“The joy of getting the money could very quickly be replaced with the terrifying reality that because you weren’t eligible, you could be put out of business because of the amount of money you now owe back to the federal government,” Harris said.

The true ERC claim backlog may be significantly higher because of professional employer organizations, or PEOs, which provide payroll benefits and other HR services, according to Pat Cleary, president and CEO of the National Association of Professional Employer Organizations, who also testified at the House hearing. That’s because a single PEO claim can represent many small businesses.

IRS says legitimate ERC claims are declining

The IRS has issued several warnings about “ERC schemes” and added the issue to the top of its “Dirty Dozen” list of tax scams for 2023. This week, the agency said it has “increased audit and criminal investigation work” in this area.

“The further we get from the pandemic, we believe the percentage of legitimate claims coming in is declining,” IRS Commissioner Danny Werfel said at the IRS Nationwide Tax Forum in Atlanta this week. “Instead, we continue to see more and more questionable claims coming in following the onslaught of misleading marketing from promoters pushing businesses to apply.”  

The further we get from the pandemic, we believe the percentage of legitimate claims coming in is declining.

Danny Werfel

IRS Commissioner

Currently, small businesses have until April 15, 2024, to amend returns for 2020 and until April 15, 2025, to amend returns for 2021. “That raises future concerns,” and the agency is weighing an earlier end date, Werfel said.

Tax professionals need a ‘real-world solution’

Meanwhile, questions linger for tax professionals fielding questions from small businesses about ERC claims.

“As practitioners, we need guidance,” Larry Gray, a certified public accountant and partner at AGC CPA, said in written testimony for the House hearing. “We need guidance to be able to show our clients clearly why they do or do not qualify.”

He said ERC specialists help companies amend payroll tax returns, but aren’t amending income tax returns to reflect the change, which sends clients back to him.

What’s more, “claiming the credit and correcting the tax return are likely not done by the same people,” since many tax professionals don’t handle payroll tax returns, Gray said.

Harris stressed the need for a “real-world solution” for small businesses that wrongly claimed the credit because “there’s no way in the world we’re going to audit our way out of this problem.” 

What Qin Gang’s disappearance means for U.S.-China relations

U.S. Secretary of State Antony Blinken (L) meets with State Councilor and Foreign Minister of China Qin Gang in Beijing, China on June 19, 2023.

Foreign Ministry of China | Anadolu Agency | Getty Images

BEIJING — The flurry over Qin Gang’s disappearance and removal from the position of foreign minister has little impact on U.S.-China relations, analysts said.

Qin had only held the position for about six months before he disappeared from public view in late June — with little explanation. China officially announced his dismissal from the foreign minister role on Tuesday.

China’s top diplomat Wang Yi is reassuming the foreign minister role, a position he held for two terms before his promotion late last year within the ruling Chinese Communist Party. He has met with U.S. Secretary of State Antony Blinken twice in the last two months.

“China’s foreign minister is an implementer of decisions made by [Chinese President] Xi Jinping and his close circle; their role in actual policy formulation is relatively limited,” said Nick Marro, global trade leader at The Economist Intelligence Unit.

“We don’t expect the recent events to have a significant impact on China’s diplomatic relations,” he said. “That said, the opacity attached to all of this drama will complicate some of the logistics underpinning foreign engagement.”

China’s foreign ministry has declined to shared why Qin had to leave his position.

While Wang’s return to the foreign minister role is unusual, his promotion to top diplomat had also come contrary to expectations of retirement.

Xi meanwhile has broken precedent by taking a third term as president in March, and installing loyalists in top positions without the same government experience as their predecessors.

“In returning Wang to the helm at the foreign ministry, Xi appears to have opted for a steady pair of hands over any of the younger crop of candidates, buying time for potential successors to be fully vetted and groomed,” said Eurasia Group’s Jeremy Chan, consultant for China and Northeast Asia, and Anna Ashton, director for China corporate affairs and U.S.-China.

“Wang’s oversight of policy implementation is therefore likely to strengthen the consistency of Beijing’s diplomatic messaging and actions, while further cementing the party’s already strong guidance of foreign affairs,” the Eurasia Group analysts said in a note.

While pressuring China has become an area of rare bipartisan agreement in the U.S., critics say the Biden administration has not had a comprehensive China strategy.

What happened to Qin?

Qin was one of the few younger officials to move up quickly in the latest leadership reshuffle. A career diplomat, he was China’s ambassador to the U.S. for less than two years before becoming foreign minister.

“The issue is Qin was elevated really very rapidly within a very short time,” said Dali Yang, political science professor at The University of Chicago. “That also meant that he needed to be seen as truly up and coming and rising — but he needs to be exemplary.”

“That fact becomes a major consideration when it’s harder for Xi to protect him,” Yang said.

The Chinese foreign ministry’s website has mostly deleted references to Qin and his speeches, leaving the bio page for the foreign minister and records of his activities as blank — with only the words “updating.”

Earlier this month, the ministry said Wang would attend a diplomatic gathering instead of Qin due to the latter’s health issues, Reuters said.

“Clearly in the U.S. and so on there would be lots of reports on what happened,” Yang said.

“What’s remarkable is there’s so many rumors and in fact a lot of the rumors are allowed to circulate to such an extent yet the authorities totally avoided referring to the rumors. By doing so they give a lot of space to the rumors to circulate.”

Officially, Qin retains his position of state councilor and is a member of the Chinese Communist Party’s central committee, the third-highest circle of power.

In May, Xie Feng became China’s ambassador to the U.S., filling a role that was left open for months after Qin’s departure.

Communication between the U.S. and China has picked up, with U.S. Treasury Secretary Janet Yellen and John Kerry, special presidential envoy for climate, visiting Beijing this summer.

“At this point there is a desire to at least not try to be confrontational on every respect,” Yang said. “This is a real meaningful relationship, not simply a relationship between two rivals in all respects.”

“The challenge is the election season in the U.S. is coming up, and the rhetoric can become hotter.”

Lady Will get 51 Months In Jail For Stealing $2.8M From 87YO

A 36-year-old woman will spend the next four years in prison for swindling over $2.8 million from an 87-year-old man. A judge sentenced Peaches Stergo on Thursday (Jul. 27)–months after she pleaded guilty to wire fraud in April.

The Southern District of New York U.S. Attorney’s Office says Stergo ran a “romance scam” on the elderly Holocaust survivor. She cleared his life savings.

RELATED: Black Georgia Homebuyers Allegedly Scammed With Fake Deeds, Bogus Land Purchases Speak Out | TSR Investigates

The victim’s name was not released, but his parents reportedly died in the Holocaust. In their sentencing request, prosecutors included an excerpt of the victim’s impact statement, per NBC News. He relocated to the United States during his 20s in search of a better life. Now, he believes his life will end with nothing to his name.

“Over the next 60 years, I worked tirelessly to establish a successful business, family, and home in New York. I am now 88 years old, and the last thing I expected was to finish my days in the same manner that I started them–penniless and betrayed,” the Holocaust survivor said.

Q&A: Inner City Press interviewed Ann Fitz, lawyer for Peaches Stergo after she got 51 months for defrauding an 87 year old Holocaust survivor out of his life savings. Q: Why didn’t the defense mention the Holocaust? A: She didn’t target him for that. But she knew pic.twitter.com/FAMzfljO0A

— Inner City Press (@innercitypress) July 27, 2023

How Peaches Stergo Scammed Over $2.8 Million From A Holocaust Survivor

Police arrested Peaches Stergo in January after the victim’s son became aware of the financially-draining situation.

Peaches first met the victim on a dating website seven years ago. By May 2017, she had requested his financial help to allegedly pay a lawyer. Her story was that she won an injury settlement, but her lawyer was withholding it, awaiting his fee payment.

After the victim abided by her request, Stergo claimed her settlement coins were available in her TD Bank account. Citing bank records, prosecutors uncovered that she never received any injury settlement money.

RELATED: Prosecutors: ‘Worst Boyfriend On The Upper East Side’ Scammed At Least Five Women Out Of $1.8 Million

Over the next four years, the victim wrote 62 checks to Peaches. She frequently demanded he deposit money into her accounts, lying about them being frozen if he didn’t.

She kept up her fraudulent charade with accessories like fake invoices, “a fake email account intended to appear as if it belonged to a TD Bank employee,” and “fake letters from a TD Bank employee.”

Peaches Stergo Spent Victim’s Life Savings On A Home, Trips & Luxury Items

Stergo drained the victim’s funds to the point that he was forced to give up his apartment. Meanwhile, she used that $2.8 million to live a luxurious lifestyle with a real lover. The district attorney’s office statement revealed Peaches purchased a home in a gated community, a condo, and a boat. She also bought several cars, including a Corvette and Suburban.

The scheming jet-setter also “took expensive trips,” stayed in luxury hotels like the Ritz Carlton, and spent “tens of thousands of dollars on expensive meals, gold coins, and bars, jewelry, and Rolex watches. Stergo even upgraded her wardrobe with pieces from Tiffany, Ralph Lauren,  Neiman Marcus, Louis Vuitton, and Hermes.

When the Holocaust survivor finally stopped sending her money, Peaches was upset–sentiments she revealed in a text, per prosecutors.

“I am just aggravated, hurt, frustrated that I haven’t made money….I don’t want to work…it’s too hard,” Stergo wrote.

To the outside world, Stergo described her elaborate romance scam as her “business.” Meanwhile, her real lover seemed privy to her scheme. According to uncovered text messages, Peaches made fun of the Holocaust survivor after he told her he loved her. She also joked about him being “broke” with nothing else “to pawn.”

On Thursday, U.S. Attorney Damian Williams said:

“Peaches Stergo callously defrauded an 87-year-old Holocaust survivor who was simply looking for companionship. She used the millions of dollars in fraud proceeds to live a life of luxury at the victim’s expense. But she did not get away with it. As today’s sentence demonstrates, perpetrators of romance scams will be held to account for their crimes.”

The sentencing official, Judge Edgardo Ramos, agreed with Williams, saying Peaches’ conduct was “unspeakably cruel” and motivated by “greed.”

In addition to 51 months in prison, Stergo got three years of supervised release. She also has to forfeit and pay $2,830,775 in restitution. Stergo also has to forfeit her gated community home and over 100 luxury items.

A Deranged Sounding Kari Lake Claims Trump Is Outsmarting The DOJ

Kari Lake called Trump a giant who is playing chess while the DOJ is playing checkers.

Kari Lake said on Newsmax:

Well every single thing they’ve thrown at him. He’s turned it right back in their face, and he’s proven to be right. They’re wrong. They’re just they’re just trying to bring him down. And you can’t bring down a giant like Donald J. Trump and I’ll be honest. I think he would welcome that indictment. He would welcome a trial.

I think you said it would be the trial of the century. I don’t think that when they thought of all of that, and maybe during those meetings with his attorney, the attorneys brought it up and said, Do you really want this Because it’s going to come right back in your face. They’re playing checkers and President Trump is playing, you know chess at the highest level, so I don’t think they want to pick a fight with him. 

Video:

Kari Lake’s comments demonstrate why the Trump faithful are never going to leave him. It doesn’t matter how often the former president is indicted or what evidence is presented against him. People like Kari Lake will stick with Trump until he is hauled off to prison in handcuffed.

The problem for the Republican Party is that Trump’s true believers, like Lake only make up about 30% of the country. A political party can’t win elections with 30% support.

Trump is apparently outsmarting Jack Smith by allegedly committing lots of crimes and leaving plenty of evidence for investigators to find.

Donald Trump’s only plan is to win back the White House and make the federal criminal prosecutions disappear.

The former president has no grand legal strategy. He and his supporters are deflecting and embracing conspiracy theories about the Bidens because there is no logical explanation for his crimes. As long as his supporters keep believing, Trump will remain in control of the Republican Party.

Jason is the managing editor. He is also a White House Press Pool and a Congressional correspondent for PoliticusUSA. Jason has a Bachelor’s Degree in Political Science. His graduate work focused on public policy, with a specialization in social reform movements.

Awards and  Professional Memberships

Member of the Society of Professional Journalists and The American Political Science Association

New invoice goals to assist low-income folks with disabilities get monetary savings

Halfpoint Images | Moment | Getty Images

The Americans with Disabilities Act was signed into law 33 years ago to protect people with disabilities from discrimination.

But disabled people still face major hurdles when it comes to building wealth.

To help make it easier for disabled individuals with lower incomes to save, Sen. Bob Casey, D-Pa., who serves as chairman of the Senate Special Committee on Aging, is introducing a new proposal, called the ABLE MATCH Act. The legislation would create a federal dollar-for-dollar match of up to $2,000 for new and existing ABLE accounts for individuals who earn $28,000 or less per year.

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ABLE accounts, which were established with federal legislation in 2014, allow qualifying individuals to set money aside for disability-related expenses without losing eligibility for federal programs such as Medicaid or Supplemental Security Income. The tax-advantaged accounts allow for tax-free withdrawals for qualifying expenses, while investment gains may grow on a tax-deferred basis.

The ABLE program has been a “lifeline for thousands of people with disabilities across the nation,” Casey said in a statement.

“However, there are still too many people whose lives would be made easier by the program, but don’t have sufficient funds to open an account,” Casey added.

Proposal would add a federal match

The ABLE MATCH Act would create a federal dollar-for-dollar match of up to $2,000 for individuals who make $28,000 or less, which would taper off for each dollar earned over that threshold.

That threshold would be adjusted for inflation and for heads of household and married couples.

The bill’s goal is to help boost enrollment in ABLE accounts for people with lower incomes who have disabilities.

The introduction of the proposal is a “really exciting development,” said Thomas Foley, executive director at the National Disability Institute.

There are still too many people whose lives would be made easier by the program, but don’t have sufficient funds to open an account.

Sen. Bob Casey

Democratic senator from Pennsylvania

“This is providing an incentive to a group of people who haven’t been incentivized, and in fact have been dis-incentivized to save for decades,” Foley said.

People with disabilities are twice as likely to live in poverty compared with people without disabilities, Foley said.

The National Disability Institute’s research has found that people with disabilities need to spend about $28,000 more per year to live lifestyles equivalent to those of people without disabilities, he said.

Those extra costs come from needs such as accessible transportation, living closer to work, or the maintenance of a service dog, for example.

Disabled individuals, particularly those who are younger, may find it difficult to save in an ABLE account due to a lack of disposable income, Foley said.

New legislation passed last year raised the age limit from 26 to 46 for the onset of a disability in order to participate in an ABLE account starting in 2026.

With that change, as many as 14 million people may be eligible to participate in ABLE accounts, Foley said.

McDonald’s (MCD) Q2 2023 earnings

In an aerial view, a sign is posted in front of a McDonald’s restaurant on April 03, 2023 in San Pablo, California.

Justin Sullivan | Getty Images

McDonald’s is expected to report its second-quarter earnings before the bell Thursday.

Here’s what Wall Street analysts surveyed by Refinitiv are expecting:

  • Earnings per share: $2.79 expected
  • Revenue: $6.27 billion expected

The fast-food giant is often seen as a bellwether for the restaurant industry and the broader consumer environment, and investors have high expectations for its second quarter. McDonald’s is expected to report same-store sales growth of 9.2%, according to StreetAccount estimates.

The chain will likely report a sales boost from its Grimace Birthday Meal at the tail end of the quarter. The meal combo, which included a photo-friendly purple milkshake, went viral on social media, fueled by nostalgia for the McDonaldland character.

But McDonald’s executives have taken a more conservative outlook for the burger chain. Last quarter, CEO Chris Kempczinski said some customers have pushed back on price increases. He also warned about potential recessions hitting the U.S. and Europe later this year.

Shares of McDonald’s have risen 10% this year, trailing the S&P 500‘s rise of 18% in the same period. McDonald’s has a market value of $213 billion.