Company News: McDonald's (MCD) quarterly earnings miss analysts’ estimates

Market news

24 October 2017

Company News: McDonald's (MCD) quarterly earnings miss analysts’ estimates

McDonald's (MCD) reported Q3 FY 2017 earnings of $1.76 per share (versus $1.62 in Q3 FY 2016), missing analysts' consensus estimate of $1.77.

The company's quarterly revenues amounted to $5.755 bln (-10.4% y/y), generally in-line with analysts' consensus estimate of $5.749 bln.

MCD rose to $164.10 (+0.47%) in pre-market trading.

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