OAK BROOK (dpa-AFX) - McDonald's Corp. (MCD) announced a profit for fourth quarter that missed the Street estimates.
The company's earnings came in at $2.017 billion, or $2.80 per share. This compares with $2.039 billion, or $2.80 per share, last year.
Excluding items, McDonald's Corp. reported adjusted earnings of $2.035 billion or $2.83 per share for the period.
Analysts on average had expected the company to earn $2.86 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 0.3% to $6.388 billion from $6.406 billion last year.
McDonald's Corp. earnings at a glance (GAAP) :
-Earnings: $2.017 Bln. vs. $2.039 Bln. last year. -EPS: $2.80 vs. $2.80 last year. -Revenue: $6.388 Bln vs. $6.406 Bln last year.
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