McDonald’s on Monday reported third-quarter revenue and profit that topped analysts’ estimates, as higher prices in the US boosted turnover. Following the news, McDonald’s shares rose 2.24% to $261.50.
McDonald’s earnings per share were $3.17, analysts expected $3 per share. Revenues reached 6.69 billion. dollars, or were 14% higher, surpassing analysts’ forecast of 6.58 billion. dollars, reports CNBC.
2023-10-30 12:06:16
#McDonalds #continues #grow #analysts #recommend #buying #shares