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McDonald's: Q3 Earnings Snapshot
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CHICAGO (AP) — CHICAGO (AP) — McDonald's Corp. (MCD) on Wednesday reported third-quarter earnings of $2.49 billion.

On a per-share basis, the Chicago-based company said it had profit of $3.51. Earnings, adjusted for non-recurring costs, came to $3.57 per share.

The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $3.36 per share.

The world's biggest hamburger chain posted revenue of $7.16 billion in the period, missing Street forecasts. Eight analysts surveyed by Zacks expected $7.28 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCD at https://www.zacks.com/ap/MCD

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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