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McDonald’s Earnings: MCD Stock Moves 1% Lower on Q1 Miss
...McDonald’s (NYSE:MCD) earnings for first quarter of 2020 have MCD stock dipping lower on Thursday. This comes after reporting diluted earnings per share (EPS) of $1.47. That’s below Wall Street’s estimate of $1.57 per share. Despite this, the fast-food company’s revenue of $4.71 billion is better than analysts’ estimates of $4.65 billion. ...
...Diluted per-share earnings are down 15% from $1.72 during the same time last year. Revenue for the quarter comes in 6% lower than the $5.02 billion reported in the first quarter of 2019. Operating income of $1.69 billion is a 19% decrease year-over-year from $2.09 billion. The McDonald’s earnings report also has it bringing in a net income of $1.11 billion. That’s a 17% drop compared to its net income of $1.33 billion in the same period of the year prior. ...
https://investorplace.com/2020/04/mcdona...mcd-stock/
(Still) long and lovin' it...
McDonald’s Earnings: MCD Stock Moves 1% Lower on Q1 Miss
...McDonald’s (NYSE:MCD) earnings for first quarter of 2020 have MCD stock dipping lower on Thursday. This comes after reporting diluted earnings per share (EPS) of $1.47. That’s below Wall Street’s estimate of $1.57 per share. Despite this, the fast-food company’s revenue of $4.71 billion is better than analysts’ estimates of $4.65 billion. ...
...Diluted per-share earnings are down 15% from $1.72 during the same time last year. Revenue for the quarter comes in 6% lower than the $5.02 billion reported in the first quarter of 2019. Operating income of $1.69 billion is a 19% decrease year-over-year from $2.09 billion. The McDonald’s earnings report also has it bringing in a net income of $1.11 billion. That’s a 17% drop compared to its net income of $1.33 billion in the same period of the year prior. ...
https://investorplace.com/2020/04/mcdona...mcd-stock/
(Still) long and lovin' it...
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