Bellwether stock #7: McDonald's (MCD) - Louis Navellier

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Bellwether stock #7: McDonald's (MCD)
Aug 02, 2009 03:00 PM UTC

Louis Navellier

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Filed under: Earnings reports, McDonald's (MCD)

bellwether stocks mcdonald's Fast-food behemoth McDonald's (NYSE: MCD) came in with earnings that were in line with consensus Street estimates; however, revenues for the restaurant stock fell slightly short of expectations for the quarter.

The restaurant said it earned $1.09 billion, or 98 cents per share, compared with $1.19 billion, or $1.04, in the year-earlier quarter.

Revenue, including results from franchised outlets, fell to $5.65 billion, which was below the Street's estimate of $5.7 billion.

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Bellwether stock #7: McDonald's (MCD) originally appeared on BloggingStocks on Sun, 02 Aug 2009 10:00:00 EST. Please see our terms for use of feeds.

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