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via finance.yahoo.comBusiness & Companies

McDonald's beats earnings estimates, but US sales disappoint

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. McDonald's Corp. (MCD, Financials) posted adjusted third-quarter results that above Wall Street estimates, but lower U.S. restaurant sales hurt revenue growth.Non-GAAP earnings were $3.57 per share, $0.19 better than estimates from…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralEarnings beat estimates but revenue missed and US sales fell, a mixed picture for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Adjusted earnings were 3.57 dollars per share, 0.19 dollars above estimates.
  2. 02Revenue rose 1.1% to 7.16 billion dollars, below projections by 120 million.
  3. 03U.S. same-store sales fell 0.2%.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
McDonald's CorporationMCDStock278.45 USD+0.53%today +5.86%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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