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McDonald’s announced earnings per share of $1.7 on revenue of $5.31B. Analysts polled by Investing.com anticipated EPS of $1.78 on revenue of $5.36B.
McDonald’s shares are down 3% from the beginning of the year, still down 10.74% from its 52 week high of $231.91 set on October 16, 2020. They are under-performing the S&P Global 100 which is up 1.8% from the start of the year.
McDonald’s’s report follows an earnings missed by Netflix on January 19, who reported EPS of $1.19 on revenue of $6.64B, compared to forecasts EPS of $1.36 on revenue of $6.62B.
Verizon had beat expectations on Tuesday with fourth quarter EPS of $1.21 on revenue of $34.69B, compared to forecast for EPS of $1.17 on revenue of $34.49B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
