trending Market Intelligence /marketintelligence/en/news-insights/trending/3pPOZyhhC20FQPHGMwN4uQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

McDonald's Q3 profit falls YOY

Machine Learning and Credit Risk Modelling

5G Survey: Despite COVID-19 delays, operator roadmaps still lead to 5G

OTT Helps To Offset Pay TV Losses for Video Security Vendors

Barclays Research – Now Available In The S&P Global Market Intelligence Aftermarket Research Collection

McDonald's Q3 profit falls YOY

McDonald's Corp. said its third-quarter normalized net income amounted to $1.24 per share, compared with the S&P Capital IQ consensus estimate of $1.28 per share.

In the prior-year period, the per-share result came in at a profit of $1.23.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $1.15 billion, a decrease from $1.21 billion in the prior-year period.

The normalized profit margin rose to 17.5% from 17.3% in the year-earlier period.

Total revenue fell 5.3% on an annual basis to $6.62 billion from $6.99 billion, and total operating expenses decreased 5.6% from the prior-year period to $4.61 billion from $4.88 billion.

Reported net income grew 22.0% from the prior-year period to $1.31 billion, or $1.40 per share, from $1.07 billion, or $1.09 per share.