McDonald’s Earnings Beat, Revenue Misses In Q2

McDonald’s reported on Tuesday second-quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.

McDonald’s announced earnings per share of $2.55 on revenue of $5.72B.

McDonald’s shares are up 5% from the beginning of the year, still down 7.66% from its 52-week high of $271.15 set on January 4. They are outperforming the S&P Global 100, down 15.21% from the start of the year.