McDonald's (NYSE:MCD) reported its Q1 earnings results on Thursday, April 28, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
McDonald's beat estimated earnings by 5.07%, reporting an EPS of $2.28 versus an estimate of $2.17.
Revenue was up $541.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.11 which was followed by a 2.95% increase in the share price the next day.
Here's a look at McDonald's's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.34 | 2.46 | 2.08 | 1.81 |
| EPS Actual | 2.23 | 2.76 | 2.37 | 1.92 |
| Revenue Estimate | 6.03B | 6.03B | 5.53B | 5.03B |
| Revenue Actual | 6.01B | 6.20B | 5.89B | 5.12B |
To track all earnings releases for McDonald's visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
