Market Overview

UPDATE: McDonald's Posts Upbeat Q4 Earnings

Share:
Related MCD
5 Biggest Price Target Changes For Monday
Dunkin' Donuts Opens New Outlet in Hard Rock Hotel & Casino
2 Income Plays Near Buy Points Own This Big Dividend Stock (Investor's Business Daily)

McDonald's (NYSE: MCD) reported better-than-expected fourth-quarter earnings.

McDonald's quarterly earnings rose to $1.397 billion, or $1.40 per share, versus a year-ago profit of $1.396 billion, or $1.38 per share.

Its revenue gained 2% to $7.09 billion. However, analysts were expecting a profit of $1.39 per share on revenue of $7.1 billion.

McDonald's global sales fell 0.1% at established locations.

McDonald's shares declined 0.66% to $94.25 in pre-market trading.

Posted-In: profitEarnings News

 

Related Articles (MCD)

View Comments and Join the Discussion!