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

Market news

30 April 2019

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

McDonald's (MCD) reported Q1 FY 2019 earnings of $1.78 per share (versus $1.79 in Q1 FY 2018), beating analysts’ consensus of $1.76.

The company’s quarterly revenues amounted to $4.956 bln (-3.6% y/y), generally in line with analysts’ consensus estimate of $4.943 bln.

MCD rose to $204.00 (+3.49%) in pre-market trading.

Company News: MasterCard (MA) quarterly earnings beat analysts’ expectations

Germany: CPI, m/m, April 1% (forecast 0.5%)

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