McDonald's Q3 Adj. EPS $3.19 vs $3.00 Est.
Portfolio Pulse from Benzinga Newsdesk
McDonald's has reported its Q3 adjusted EPS at $3.19, which is higher than the estimated $3.00.
October 30, 2023 | 11:02 am
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POSITIVE IMPACT
McDonald's Q3 adjusted EPS of $3.19 surpassed the estimated $3.00.
Earnings per share (EPS) is a key indicator of a company's profitability. McDonald's reported a higher than expected EPS for Q3, which is a positive signal for investors. This could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100