McDonald's (MCD) Lags Q1 Earnings Estimates

McDonald's (MCD) came out with quarterly earnings of $2.70 per share, missing the Zacks Consensus Estimate of $2.71 per share. This compares to earnings of $2.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.37%. A quarter ago, it was expected that this world's biggest hamburger chain would post earnings of $2.81 per share when it actually produced earnings of $2.95, delivering a surprise of 4.98%.Over the last four quart ...