McDonald's Analysts Increase Their Forecasts After Strong Q2 Results

McDonald’s Analysts Increase Their Forecasts After Strong Q2 Results

July 29, 2023

in Stocks

Reading Time: 1 min read

McDonald’s Corp (NYSE:MCD) reported better-than-expected second-quarter results.

McDonald’s reported second-quarter FY23 sales growth of 13.6% year-on-year to $6.50 billion, beating the analyst consensus of $6.29 billion. Adjusted EPS of $3.17 beat the analyst consensus of $2.79.

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McDonald’s Analysts Increase Their Forecasts After Strong Q2 Results

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