McDonald's (MCD) Q1 Earnings Surpass Estimates

McDonald's (MCD) came out with quarterly earnings of $2.67 per share, beating the Zacks Consensus Estimate of$ 2.64 per share. This compares to earnings of $2.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.14%. A quarter ago, it was expected that this world's biggest hamburger chain would post earnings of$ 2.83 per share when it actually produced earnings of $2.83, delivering no surprise.Over the last four quarters, the ...