Market Overview

UPDATE: McDonald's Q3 Profit Gains 4.6%

Share:
Related MCD
Americans Are Dining Out More: Here's How To Play The Trend
Why The Success Of Darden's REIT Matters For McDonald's
The Vetr community has upgraded $MCD to 3-Stars. (Vetr)

McDonald's (NYSE: MCD) reported a 4.6% rise in its third-quarter profit.

McDonald's quarterly profit surged to $1.52 billion, or $1.52 per share, from $1.46 billion, or $1.43 per share, in the year-ago period.

Its revenue climbed 2.4% to $7.32 billion. However, analysts were expecting earnings of $1.51 per share on revenue of $7.34 billion.

Its same-store sales in the US increased 0.7%.

McDonald's shares fell 1.68% to $93.60 in pre-market trading.

Posted-In: profitEarnings News

 

Related Articles (MCD)

Get Benzinga's Newsletters