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McDonald’s beat earnings estimates with $3.19 per share and $6.84B in revenue, up 5.4% year-over-year.
McDonald’s reported strong second-quarter earnings on August 6, with $3.19 per share, beating estimates, and $6.84 billion in revenue, a 5.4% year-over-year increase.
The stock, trading at $300.09, has a market cap of $214.15 billion and a 12-month range of $276.53 to $326.32.
Institutional investors reduced stakes, including BSW Wealth Partners and HighMark Wealth Management, while others like Triad Wealth Partners increased holdings.
The company pays a $1.77 quarterly dividend, yielding 2.4%, with a 60.67% payout ratio.
Analysts maintain a “Hold” consensus rating with a $325.86 average target.
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McDonald's superó las estimaciones de ganancias con $3.19 por acción y $6.84B en ingresos, un aumento del 5.4% año tras año.