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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 |
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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