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McDonald’s misses Q4 earnings expectations, but sales boosted by menu, mobile – Yahoo Finance

McDonald’s is out with its fourth quarter earnings results.



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McDonalds (MCD) on Thursday posted a fourth quarter profit that fell short of Wall Street expectations, but the fast food giant got a sales boost from the COVID-19 trends of menu innovation, takeout and mobile ordering.
Heres what the Chicago-based fast-food restaurant posted, compared to Wall Streets expectations, according to a Bloomberg consensus estimate:

  • Revenue: $5.31 billion versus $5.37 billion expected
  • Adj. earnings per share (EPS): $1.70 versus $1.77 per share expected
  • U.S. same-store…

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