CHICAGO (AP) — CHICAGO (AP) — McDonald's Corp. (MCD) on Wednesday reported second-quarter net income of $2.25 billion.
On a per-share basis, the Chicago-based company said it had net income of $3.14. Earnings, adjusted for non-recurring costs, were $3.19 per share.
The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $3.15 per share.
The world's biggest hamburger chain posted revenue of $6.84 billion in the period, which also beat Street forecasts. Ten analysts surveyed by Zacks expected $6.71 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCD at https://www.zacks.com/ap/MCD
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