OAK BROOK, Ill. (AP) - McDonald's Corp. (MCD) on Tuesday reported first-quarter profit of $1.21 billion.
The Oak Brook, Illinois-based company said it had profit of $1.47 per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share.
The world's biggest hamburger chain posted revenue of $5.68 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $5.48 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCD at https://www.zacks.com/ap/MCD
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Keywords: McDonald's, Earnings Report, Priority Earnings