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

Market news

30 April 2020

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

McDonald's (MCD) reported Q1 FY 2020 earnings of $1.47 per share (versus $1.78 per share in Q1 FY 2019), missing analysts' consensus estimate of $1.55 per share.

The company's quarterly revenues amounted to $4.714 bln (-6.2% y/y), beating analysts' consensus estimate of $4.662 bln.

MCD fell to $187.00 (-0.44%) in pre-market trading.

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