McDonald’s Earnings Beat Expectations

McDonald’s reported quarterly earnings and revenue that beat analysts’ estimates, as its international sales rebounded despite the resurgence of the coronavirus in some markets.

The company’s adjusted earnings per share were $2.76, versus expectations of $2.46, and revenue was $6.2 billion, versus expectations of $6.04 billion.

The company reported a third-quarter 2021 net profit of $2.15 billion, up from $1.76 billion.

Net sales rose 14% to $6.2 billion, beating expectations of $6.04 billion.