CHICAGO (AP) — CHICAGO (AP) — McDonald’s Corp. (MCD) on Tuesday reported second-quarter earnings of $2.36 billion.
The Chicago-based company said it had profit of $3.32 per share. Earnings, adjusted for non-recurring costs, came to $3.38 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.32 per share.
The world’s biggest hamburger chain posted revenue of $7.1 billion in the period, falling short of Street forecasts. Eight analysts surveyed by Zacks expected $7.14 billion.
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