McDonald's (NYSE: MCD) Stock Tumbles on Bleak Earnings; What to Expect Now
October 21, 2014 at 12:45 PM EDT
McDonald's Corp. (NYSE: MCD) stock was down 2% this morning (Tuesday) from yesterday's close after the company reported slipping earnings, revenue, and income in the third quarter. MCD reported earnings per share (EPS) of $1.09 for the quarter. That missed analysts' estimates of $1.37. Last year, McDonald's had EPS of $1.52 in the third quarter. The post McDonald's (NYSE: MCD) Stock Tumbles on Bleak Earnings; What to Expect Now appeared first on Money Morning - Only the News You Can Profit From .