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

Market news

28 January 2021

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

McDonald's (MCD) reported Q4 FY 2020 earnings of $1.70 per share (versus $1.97 per share in Q4 FY 2019), missing analysts’ consensus estimate of $1.77 per share.

The company’s quarterly revenues amounted to $5.314 bln (-2.1% y/y), roughly in line with analysts’ consensus estimate of $5.350 bln.

MCD fell to $205.80 (-0.58%) in pre-market trading.

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