McDonald`s Corp. (MCD) revealed earnings for its second quarter that Increased from the same period last year and beat the Street estimates.
The company's earnings totaled $2.253 billion, or $3.14 per share. This compares with $2.022 billion, or $2.80 per share, last year.
Excluding items, McDonald`s Corp. reported adjusted earnings of $3.19 per share for the period.
Analysts on average had expected the company to earn $3.15 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 5.4% to $6.843 billion from $6.490 billion last year.
McDonald`s Corp. earnings at a glance (GAAP) :
-Earnings: $2.253 Bln. vs. $2.022 Bln. last year.-EPS: $3.14 vs. $2.80 last year.-Revenue: $6.843 Bln vs. $6.490 Bln last year.
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