Company News: McDonald's (MCD) quarterly results beat analysts’ expectations

Market news

25 July 2017

Company News: McDonald's (MCD) quarterly results beat analysts’ expectations

McDonald's (MCD) reported Q2 FY 2017 earnings of $1.73 per share (versus $1.45 in Q2 FY 2016), beating analysts' consensus estimate of $1.62.

The company's quarterly revenues amounted to $6.050 bln (-3.4% y/y), beating analysts' consensus estimate of $5.964 bln.

MCD rose to $156.30 (+2.93%) in pre-market trading.

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