Market Movers rounded up the latest reactions to McDonald's from investors and analysts. The pros, including Jim Cramer , discussed the fast-food giant after it released its third-quarter results.
The company reported adjusted earnings of $3.17 per share, while analysts polled by LSEG called for $3 per share in earnings. With the help of strategic price increases , its U.S. same-store sales also increased 8.1%. Shares ended the day higher by 1.7%.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
From Amazon to McDonald's, strong earnings show U.S. consumer resilienceFrom Amazon to McDonald's, strong earnings show U.S. consumer resilience
Source: Investingcom - 🏆 450. / 53 Read more »
McDonald's CEO says earnings results prove that 'difficult times' for consumers can be a good thing‘Affordability perception’ is helping McDonald’s outperform the restaurant industry
Source: MarketWatch - 🏆 3. / 97 Read more »