McDonald's (MCD) Q3 Revenue, Comps Top Views
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(Updated - October 21, 2016 8:06 AM EDT)
McDonald's (NYSE: MCD) reported Q3 EPS of $1.50, which may not compare to the analyst estimate of $1.49. EPS excluding strategic charges was $1.62. Revenue for the quarter came in at $6.42 billion versus the consensus estimate of $6.28 billion.
- Global comparable sales increased 3.5% vs consensus of 1.8% consensus
- third quarter comparable sales increased 1.3% in the U.S. vs 1.2% consensus
"Customers today are more informed and demand greater choice and variety when they dine out. That's why we're evolving the McDonald's experience to provide more high quality, affordable food and beverage options and convenient solutions for customers on the go," said McDonald's President and Chief Executive Officer Steve Easterbrook. "Our third quarter results, including our fifth consecutive quarter of positive comparable sales across all segments as well as improved restaurant profitability, are a testament to the progress we are making to satisfy the needs of today's dynamic customers."
For earnings history and earnings-related data on McDonald's (MCD) click here.
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