McDonald’s Q2 earnings beats but revenue miss estimates

The burger giant McDonald’s (NYSE: MCD) reported its second-quarter financial results on Tuesday. The company’s Q2 earnings beat estimates while its revenue fell 3% to $5.72B in the April-June period due to the closure of McDonald’s Russian and Ukrainian restaurants and coronavirus restrictions in China.

  • Earnings per share: $2.55🆚 $2.47 expected
  • Revenue: $5.72 billion :vs: $5.82 billion expected

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