McDonald's Q3 Earnings: Non-GAAP EPS Beats Estimates While Revenue Misses Targets
McDonald's reported third-quarter financial results featuring a Non-GAAP earnings per share (EPS) of $3.57, surpassing analyst expectations by $0.19. However, the company's revenue reached $7.16 billion, representing a 1.1% year-over-year increase but falling short of consensus estimates by approximately $120 million. Global comparable sales saw a modest increase of 1.5%. While International Developmental Licensed Markets showed strength with a 4.2% rise and International Operated Markets grew by 1.4%, the U.S. market faced headwinds with a slight decrease in comparable sales of 0.2%.
Tickers: $MCD
Topics: comparable sales earnings beat financial results revenue miss