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McDonald's Q3 Earnings Estimates Cut by Analysts

Guavy AI Editorial Team
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MCD
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McDonald's Corporation (NYSE:MCD) has seen its Q3 earnings per share estimates cut by analysts at Zacks Research.

The research team now forecasts that McDonald's will post EPS of $3.36 for the quarter, down from their prior forecast of $3.45.

This reduction comes after McDonald's' latest quarterly earnings results were released on August 4th, which beat analyst consensus estimates by $0.06 per share.

McDonald's reported $3.38 EPS for the quarter, with revenue reaching $7.10 billion, a 3.7% increase from the same period last year.

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