McDonald’s Q1 Non-GAAP Earnings, Revenue Rise

McDonald’s (MCD) reported Q1 non-GAAP earnings Tuesday of $2.70 per diluted share, up from $2.63 a year earlier.

Analysts polled by Capital IQ expected $2.73.

Total revenue for the quarter ended March 31 was $6.17 billion, compared with $5.90 billion a year earlier.

Analysts surveyed by Capital IQ expected $6.17 billion.

McDonald’s shares were down 2% in recent Tuesday premarket activity.

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