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McDonald’s posts worse-than-expected quarterly results

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McDonald’s reported earnings and revenue that were below analysts' expectations.

For the third quarter, the fast-food giant posted earnings per share of $2.11, below the $2.21 estimate by analysts. Revenue was $5.43 billion, a slight miss from the $5.47 billion target by analysts.

Officials cited ongoing investments in technology.

Read more from Barron's.


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