** Shares of McDonald's MCD.N up 0.04% at $294.49 at 11:00 AM ET/ 1600 GMT on Fri ahead of its quarterly earnings report due on Mon

** Investors will be eyeing MCD's sales after it extended its $5 value meal offer to boost customer traffic at its restaurants

** Analysts expect MCD to report rev of $6.44 bln, up 0.56% from a year ago, and EPS of $2.83 VS $2.95 a year ago

** MCD's rev and EPS have met or beat expectations 6 times over the last 8 quarters

** Among 40 analysts that cover MCD, their median PT is $327.50 and avg rating is "BUY", per LSEG data

** MCD options imply a 3.2% swing for the shares, in either direction, on Mon, according to options analytics service ORATS; over the last 12 qtrs, on average, MCD shares moved 1.9%, on the day the co reported results

** MCD shares are up ~1.5% YTD compared with ~4.6% gain in the Dow Jones Industrial Average .DJI

(Reporting by Chibuike Oguh in New York)

((Chibuike.Oguh@thomsonreuters.com; +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))