Company News: McDonald's (MCD) posts quarterly financials in line with analysts' estimates

Market news

26 July 2019

Company News: McDonald's (MCD) posts quarterly financials in line with analysts' estimates

McDonald's (MCD) reported Q2 FY 2019 earnings of $2.05 per share (versus $1.99 in Q2 FY 2018), in line with analysts’ consensus estimate.

The company’s quarterly revenues amounted to $5.341 bln (-0.2% y/y), generally in line with analysts’ consensus estimate of $5.335 bln.

MCD rose to $220.00 (+2.59%) in pre-market trading.

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