Despite analyst mixed views, McDonald's reported strong Q3 earnings, surpassing estimates.

First County Bank CT and Regent Peak Wealth Advisors LLC reduced their shares of McDonald's, while other firms increased their holdings. Despite mixed analyst ratings, McDonald's reported strong Q3 earnings of $3.23 per share and $6.87 billion in revenue, surpassing estimates. The company also recently ended some diversity, equity, and inclusion initiatives but maintains a positive outlook with a six-month total return of nearly 18%.

2 months ago
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