Economy

xchrom

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18. McDonald's Tops Estimates On Earnings, Revenues, And Same-Store Sales

Wed Jan 23, 2013, 08:56 AM

Jan 2013

http://www.businessinsider.com/mcdonalds-q4-2012-earnings-2013-1

The fast-food giant reported earnings of $1.38 per share and $6.95 billion in revenues, both above Wall Street estimates.

The company also reported global comp sales up 1 percent in Q4. Analysts were looking for a 0.3 percent decline.

While the main numbers look pretty good, McDonald's also noted that it sees top and bottom line growth remaining pressured going forward and that it expects January same-store sales growth to be negative.

The stock is unchanged from yesterday's close in pre-market trading.

Read more: http://www.businessinsider.com/mcdonalds-q4-2012-earnings-2013-1#ixzz2Io5QkqMS

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