McDonald’s Earnings, Revenue beat In Q3
Investing.com - McDonald’s reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
McDonald’s announced earnings per share of $2.68 on revenue of $5.87. Analysts polled by Investing.com anticipated EPS of $2.59 on revenue of $5.72B.
McDonald’s shares are down 4% from the beginning of the year and are trading at $256.61 , down-from-52-week-high.
McDonald’s follows other major Consumer Discretionary sector earnings this month
McDonald’s's report follows an earnings beat by Tesla on Wednesday, October 19, 2022, who reported EPS of $1.05 on revenue of $21.45B, compared to forecasts EPS of $1.03 on revenue of $22.5B.
Nike had beat expectations on Thursday, September 29, 2022 with first quarter EPS of $0.93 on revenue of $12.69B, compared to forecast for EPS of $0.922 on revenue of $12.28B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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