Inside MCD’s Results
The company reported earnings of $1.1 billion, or $1.13 per share, down from $1.4 billion, or $1.40 per share, a year ago. Excluding special items, earnings were $1.26 per share, which matched analysts’ estimates.
Sales totaled $6.57 billion, down from $7.09 billion, last year. Analysts expected to see revenue of $6.7 billion.
Earnings Disappointments Common for MCD
Although the company’s share price has been dipping, it does offer a dividend yield of 3.7%, which may be ideal for income-focused investors.
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market||1.68%|
|VFINX||Vanguard 500 Index||1.08%|
|VDIGX||Vanguard Dividend Growth||0.53%|
The Bottom Line
Sign up for Advisor Access
Receive email updates about best performers, news, CE accredited webcasts and more.