What's Ahead Friday: Is McDonald's All-Day Breakfast Losing Momentum?

In 'What's Ahead on Wall Street' for Friday April 22, more earnings are rolling in with most of them coming out in the morning. The companies we're watching are General Electric (GE) - Get Report , McDonald's (MCD) - Get Report , Honeywell Int'l. (HON) - Get Report , Caterpillar (CAT) - Get Report , Kimberly-Clark (KMB) - Get Report and American Airlines (AAL) - Get Report . Investors are curious about how McDonald's is doing. Last quarter, the company's all-day breakfast initiative boosted results, so many are wondering if this trend is continuing or if it's losing its momentum. The fast food chain also has high hopes in China as it looks to re-franchise 3,500 stores over the next three years. In terms of same-store sales, analysts expect the company to report a 4.5 percent growth in global comps and a 4.6 percent increase in the U.S. Wall Street analysts are looking for profits of $1.16 share on revenue of about $5.8 billion. The top line is expected to decline while the bottom line will likely go up. TheStreet's U-Jin Lee reports from New York.