McDonald’s Shares Surge on Strong Second Quarter Earnings Beat
McDonald’s Shares Surge on Strong Second Quarter Earnings Beat McDonald’s today announced robust second-quarter earnings and revenue, significantly surpassing analyst expectations. The fast-food giant’s stock saw a 3% increase in premarket trading following the positive report, signaling strong investor confidence. The company reported adjusted earnings per share of $3.19, exceeding the $3.15 consensus estimate. Revenue also outperformed, reaching $6.84 billion against an expected $6.7 billion. Net income for the quarter stood at $2.25 billion, or $3.14 per share, a notable…