Company News: McDonald's (MCD) quarterly results beat analysts’ expectations

Market news

29 April 2021

Company News: McDonald's (MCD) quarterly results beat analysts’ expectations

McDonald's (MCD) reported Q1 FY 2021 earnings of $1.92 per share (versus $1.47 per share in Q1 FY 2020), beating analysts’ consensus estimate of $1.80 per share.

The company’s quarterly revenues amounted to $5.125 bln (+8.7% y/y), beating analysts’ consensus estimate of $5.015 bln.

MCD fell to $230.50 (-0.82%) in pre-market trading.

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