McDonald's revenue misses estimates as Middle East conflict weighs on quarterly sales

Visitors are attending a New Year event held by McDonald's in Shanghai, China, on January 25, 2024.McDonald's reported mixed quarterly results on Monday as turmoil in the Middle East took a toll on its sales in those markets.Shares of the company fell less than 1% in premarket trading.Here's what McDonald's reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: $2.95 adjusted vs. $2.82 expectedRevenue: $6.41 billion vs. $ ...