McDonald’s beats across the board, raises its dividend (MCD)
|10/23/2018||Posted by BusinessMediaguide.Com under General World News||
- McDonald’s beat on both the top and bottom lines.
- The burger giant’s global same-store sales topped Street estimate and US same-store sales were in line with forcasts.
- Shares were set to open up 2%.
- Watch McDonald’s trade in real time here.
McDonald’s shares are gaining around Tuesday morning, up about 2%, after the burger giant posted third-quarter earnings that beat Wall Street estimates.
The fast-food chain on Tuesday posted quarterly earnings of $2.10 per share, beating the $1.99 that was expected by analysts, according to Bloomberg data. Revenue fell 6.6% to $5.37 billion, but that was higher than the $5.32 billion read more >>>