McDonald’s Quarterly Earnings: A Mixed Bag Amidst Middle Eastern Challenges
McDonald’s, the renowned fast-food giant, encountered mixed fortunes in its latest quarterly earnings. Released on Monday, the report detailed the impacts of Middle Eastern turmoil on its operations, resulting in a slight drop in premarket shares by over 1%.
Financial Performance
In a key highlight, McDonald’s outperformed Wall Street expectations in terms of earnings per share (EPS). The adjusted EPS stood at $2.95, surpassing the forecast of $2.82 by LSEG. However, the company’s…
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