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

Market news

30 April 2018

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

McDonald's (MCD) reported Q1 FY 2018 earnings of $1.79 per share (versus $1.47 in Q1 FY 2017), beating analysts' consensus estimate of $1.67.

The company's quarterly revenues amounted to $5.139 bln (-9.5% y/y), beating analysts' consensus estimate of $4.966 bln.

MCD rose to $164.79 (+4.10%) in pre-market trading.

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