McDonald’s Reports First-Quarter EPS of $2.83, Revenue of $6.52 Billion

The company’s first-quarter earnings per share and revenue both came in above estimates provided in the source.

Summary

McDonald’s reported first-quarter earnings per share of $2.83 and revenue of $6.52 billion. Both figures exceeded the estimates cited in the source, which projected earnings per share of $2.75 and revenue of $6.48 billion.

Terms & Concepts
  • EPS (earnings per share): A company profitability metric that shows how much net income is allocated to each outstanding share.
  • Revenue: The total income a company generates from its business activities before expenses are deducted.