McDonald`s Corp. (MCD) reported a profit for its third quarter that advanced from last year.
The company's profit totaled $1.76 billion, or $2.35 per share. This compares with $1.61 billion, or $2.11 per share, in last year's third quarter.
Analysts had expected the company to earn $1.90 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 1.5% to $5.42 billion from $5.50 billion last year.
McDonald`s Corp. earnings at a glance:
-EPS (Q3): $2.22 vs. $2.11 last year.
-Analysts Estimate: $1.90
-Revenue (Q3): $5.42 Bln vs. $5.50 Bln last year.
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