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MCD McDonalds Corp

267.55
0.05 (0.02%)
Pre Market
Last Updated: 11:22:35
Delayed by 15 minutes
Share Name Share Symbol Market Type
McDonalds Corp NYSE:MCD NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 0.02% 267.55 750 11:22:35

McDonald's Reports Lower Profit and Revenue but Beats Estimates

23/10/2018 1:41pm

Dow Jones News


McDonalds (NYSE:MCD)
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   By Allison Prang 
 

McDonald's Corp. (MCD) reported net income that fell from the comparable quarter a year ago but beat analysts' estimates on revenue and profit.

The company's third-quarter profit fell 13% to $1.64 billion. It said earnings were $2.10 a share, down from $2.32 a share. Analysts polled by Refinitiv expect earnings of $2 a share, or $1.99 a share on an adjusted basis.

Revenue fell 6.7% to $5.37 billion. Analysts polled by Refinitiv were expecting revenue of $5.32 billion.

 

Write to Allison Prang at allison.prang@wsj.com

 

(END) Dow Jones Newswires

October 23, 2018 08:26 ET (12:26 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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