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Investing.com - McDonald’s reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
McDonald’s announced earnings per share of $1.92 on revenue of $5.12B. Analysts polled by Investing.com EPS of $1.81 on revenue of $5.03B.
McDonald’s 's are up 15% and is trading at $232.41 , still down 1.36% from its 52 week high of $235.61 set on Tuesday, April 27, 2021.
McDonald’s follows other major Services sector earnings this month
McDonald’s's report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.38 on revenue of $5.73B, EPS of $1.27 on revenue of $5.56B.
Comcast had beat expectations on Thursday with first quarter EPS of $0.76 on revenue of $27.21B, for EPS of $0.5852 on revenue of $26.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar