McDonald’s Q4 earnings miss estimates, but digital sales soar
- Date: 27-Jan-2022
- Source: Yahoo News
- Sector:Technology
- Country:Middle East
McDonald’s Q4 earnings miss estimates, but digital sales soar
McDonald's (MCD) on Thursday reported fourth-quarter earnings results that missed Wall Street's expectations, with a spike in COVID-19 cases worldwide, staffing shortages and soaring inflation weighing on its performance.
Here's what the Golden Arches reported, compared to Wall Street estimates, according to a Bloomberg consensus estimate:
Revenue: $6.01 billion versus $6.02 billion expected