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Stock impact report

Why Is McDonald's (MCD) Up 1.2% Since Last Earnings Report? [Yahoo! Finance]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is McDonald's due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. McDonald's reported third-quarter 2024 results, with both earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis. In third-quarter 2024, McDonald's reported adjusted earnings per share (EPS) of $3.23, which beat the Zacks Consensus Estimate of $3.18. Moreover, adjusted earnings rose 1% year over year. Quarterly net revenues of $6,873 million surpassed the consensus mark of $6,796 million. The top line increased 3% year over year. At company-operated restaurants, sales totaled $2.66 billion, up 4% year over year. Sales at franchise-operated restaurants amounted to $4.09 billion, which increased 1% year over y Show less Read more
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