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

Market news

22 October 2019

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

McDonald's (MCD) reported Q3 FY 2019 earnings of $2.11 per share (versus $2.10 in Q3 FY 2018), beating analysts’ consensus estimate of $2.21.

The company’s quarterly revenues amounted to $5.431 bln (+1.1% y/y), generally in line with analysts’ consensus estimate of $5.473 bln.

MCD fell to $202.75 (-3.38%) in pre-market trading.

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