McDonald's latest earnings results outperform estimates. What the pros say

📆 30/10/2023 4:59 p. m.

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Pros on CNBC discussed McDonald's after the company reported quarterly earnings that beat expectations as menu price hikes offset declining traffic.

📆 30/10/2023 4:59 p. m.
📰 CNBC

⏱ Reading Time:
14 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 72%

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%.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

From Amazon to McDonald's, strong earnings show U.S. consumer resilienceFrom Amazon to McDonald's, strong earnings show U.S. consumer resilience
Leer más »

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
Leer más »