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McDonald's Corp., the largest fast food chain in the world, increased profits and decreased revenue in the second quarter of 2018, both indicators exceeding market expectations.
According to McDonald's statement, its net profit in April-June, it stood at $ 1.5 billion, or $ 1.9 per share, compared to $ 1.4 billion dollars, or $ 1.7 per share, for the same period a year earlier.
Adjusted earnings were $ 1.99
See also: Facebook stocks fell by 24%
Quarterly virus that fell $ 6.05 billion at $ 5.35 billion
Analysts surveyed by FactSet averaged McDonald's adjusted returns of $ 1.92 per share with a $ 5.32 billion return.
McDonald's Global Sales of Restaurants, opened more than a year ago, rose 4% in the last quarter. In the United States this indicator increased by 2.6%, in other countries by 4.9%. Consensus forecasts predicted a 3.5% increase in the overall figure.
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