McDonald's Reports Third-Quarter Revenue of $7.16 Billion
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12:01:59 PM UTC
SquawkNews
MCDONALD'S Q3 REV $7.16 BLN VS IBES ESTIMATE $7.28 BLN
12:16:26 PM UTC
SquawkNews
By Connor HartMcDonald's reported higher profit and revenue in the latest quarter, as solid performance across much of its international business offset continually sluggish sales in the U.S.The burger chain posted third-quarter net income of $2.49 billion, or $3.51 a share, compared with $2.28 bil…