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StockNews.com
StockNews.com
Business
Subhasree Kar

McDonald's (MCD) Earnings Beat: Buy or Sell?

MCD McDonald Corporation McDonald Revenue United States

McDonald's Corporation's (MCD) third-quarter financial performance outperformed analysts' projections with an adjusted Earnings Per Share (EPS) of $3.19, against an anticipated $3, while its revenue surpassed the consensus estimate of $6.58 billion, reaching a respectable sum of $6.69 billion.

The company experienced a financial upswing as price increases offset decreasing customer footfall at its United States-based restaurants.

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