McDonald's: Q3 Earnings Insights

McDonald's MCD reported its Q3 earnings results on Thursday, October 27, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

McDonald's beat estimated earnings by 3.08%, reporting an EPS of $2.68 versus an estimate of $2.6.

Revenue was down $329.00 million from the same period last year.

Last quarter the company beat on EPS by $0.08 which was followed by a 0.7% increase in the share price the next day.

Here's a look at McDonald's's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	2.47	2.17	2.34	2.46
EPS Actual	2.55	2.28	2.23	2.76
Revenue Estimate	5.82B	5.59B	6.03B	6.03B
Revenue Actual	5.72B	5.67B	6.01B	6.20B

To track all earnings releases for McDonald's visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar