McDonald’s earnings, revenue miss estimates as consumer pullback worsens
Posted on AllSides July 29th, 2024
From The Center
Mario Tama | Getty Images
McDonald’s on Monday reported quarterly earnings and revenue that missed analysts’ expectations as same-store sales declined across every division.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
Earnings per share: $2.97 adjusted vs. $3.07 expected
Revenue: $6.49 billion vs. $6.61 billion expected
Some content from this outlet may be limited or behind a paywall.
AllSides Media Bias Rating: Center
