McDonald`s Corp. Reports Fall In Q3 Earnings

(RTTNews) - McDonald`s Corp. (MCD) revealed earnings for third quarter that dropped from last year.

The company's profit came in at $1.64 billion, or $2.10 per share. This compares with $1.88 billion, or $2.32 per share, in last year's third quarter.

Analysts had expected the company to earn $1.99 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.6% to $5.37 billion from $5.75 billion last year.

McDonald`s Corp. earnings at a glance:

-Earnings (Q3): $1.64 Bln. vs. $1.88 Bln. last year. -EPS (Q3): $2.10 vs. $2.32 last year. -Analysts Estimate: $1.99 -Revenue (Q3): $5.37 Bln vs. $5.75 Bln last year.