Company News: McDonald's (MCD) Q3 financials beat analysts’ forecasts

Market news

21 October 2016

Company News: McDonald's (MCD) Q3 financials beat analysts’ forecasts

McDonald's reported Q3 FY 2016 earnings of $1.62 per share (versus $1.40 in Q3 FY 2015), beating analysts' consensus estimate of $1.48.

The company's quarterly revenues amounted to $6.424 bln (-2.9% y/y), beating analysts' consensus estimate of $6.280 bln.

MCD rose to $114.52 (+3.57%) in pre-market trading.

Canada: Bank of Canada Consumer Price Index Core, y/y, September 1.8% (forecast 1.8%)

Company News: Honeywell (HON) Q3 EPS miss analysts’ estimate

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