CHICAGO (AP) — CHICAGO (AP) — McDonald's Corp. (MCD) on Thursday reported second-quarter earnings of $2.31 billion.
The Chicago-based company said it had net income of $3.15 per share. Earnings, adjusted for non-recurring costs, came to $3.17 per share.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $2.77 per share.
The world's biggest hamburger chain posted revenue of $6.5 billion in the period, also exceeding Street forecasts. Eleven analysts surveyed by Zacks expected $6.23 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCD at https://www.zacks.com/ap/MCD