McDonald’s Corp., the world’s largest restaurant company, said third-quarter profit rose 5.9 percent as global comparable sales increased more than analysts anticipated. Net income jumped to $1.26 billion, or $1.15 a share, from $1.19 billion, or $1.05, a year earlier, the Oak Brook, Illinois-based company said today in a statement. Revenue fell 3.5 percent to $6.05 billion.
Analysts predicted profit of $1.11 a share, the average of 18 estimates compiled by Bloomberg.
Oct 22 · 9:36:00 AM · Source: Bloomberg
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