McDonald`s Corp. Profit Climbs In Q1

(RTTNews) - McDonald`s Corp. (MCD) announced earnings for its first quarter that advanced from the same period last year.

The company's profit came in at $1.54 billion, or $2.05 per share. This compares with $1.11 billion, or $1.47 per share, in last year's first quarter.

Analysts had expected the company to earn $1.81 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.7% to $5.12 billion from $4.71 billion last year.

McDonald`s Corp. earnings at a glance:

-Earnings (Q1): $1.54 Bln. vs. $1.11 Bln. last year. -EPS (Q1): $2.05 vs. $1.47 last year. -Analysts Estimate: $1.81 -Revenue (Q1): $5.12 Bln vs. $4.71 Bln last year.