McDonald's (MCD) Q2 Earnings and Revenues Miss Estimates

McDonald's (MCD) came out with quarterly earnings of $2.97 per share, missing the Zacks Consensus Estimate of $3.08 per share. This compares to earnings of $3.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.57%. A quarter ago, it was expected that this world's biggest hamburger chain would post earnings of $2.71 per share when it actually produced earnings of $2.70, delivering a surprise of -0.37%.Over the last four quar ...