Company News: McDonald's (MCD) reported weaker than expected fourth quarter profits

Market news

23 January 2015

Company News: McDonald's (MCD) reported weaker than expected fourth quarter profits

McDonald's (MCD) earned $1.22 per share in the fourth quarter, missing analysts' estimate of $1.23. Revenue in the fourth quarter dropped 7.3% year-over-year to $6.57 billion, missing analysts' estimate of $6.70 billion.

Company's global comparable sales fell 0.9% (company's estimate: -1.5%).

McDonald's (MCD) shares increased to $92.10 (+1.33%) prior to the opening bell.

Company News: General Electric (GE) reported better than expected fourth quarter earnings, but revenue missed forecasts

Option expiries for today's 10:00 ET NY cut

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.