McDonald’s on Monday reported quarterly earnings that topped analysts’ estimates, helped by promotions that drove U.S. customers to return to its restaurants.
Shares of the company rose 5% in premarket trading amid a broader market rally. McDonald’s is scheduled to hold an investor update after its quarterly conference call.
- Earnings per share: $2.22, adjusted, vs. $1.90 expected
- Revenue: $5.42 billion vs. $5.4 billion expected