McDonald's: Q3 Earnings Snapshot
By AP News
Published - Oct 29, 2024, 07:09 AM ET
Last Updated - Dec 16, 2024, 05:54 PM EST
CHICAGO (AP) — CHICAGO (AP) — McDonald's Corp. (MCD) on Tuesday reported third-quarter earnings of $2.26 billion.
The Chicago-based company said it had net income of $3.13 per share. Earnings, adjusted for non-recurring costs, were $3.23 per share.
The results beat Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $3.18 per share.
The world's biggest hamburger chain posted revenue of $6.87 billion in the period, which also beat Street forecasts. Eleven analysts surveyed by Zacks expected $6.8 billion.
