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via finance.yahoo.comBusiness & Companies

McDonald's: Q3 profit beats expectations, revenue misses

FROM THE WIRE · FINANCE.YAHOO.COM

CHICAGO (AP) — CHICAGO (AP) — McDonald's Corp. (MCD) on Wednesday reported third-quarter earnings of $2.49 billion. On a per-share basis, the Chicago-based company said it had profit of $3.51. Earnings, adjusted for non-recurring costs, came to $3.57 per share. The results…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEPS beat consensus but revenue missed, so the stock impact is mixed.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Adjusted EPS was $3.57 versus $3.36 expected.
  2. 02Revenue was $7.16 billion versus $7.28 billion expected.
  3. 03Net income for the quarter was $2.49 billion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
McDonald's CorporationMCDStock263.04 USDMarket closedtoday -0.98%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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