FX.co ★ McDonald's: earnings beat forecasts in Q3

The company posted earnings per share of $ 2.22 and revenues of $ 5.42 billion.

According to analysts' assumptions, earnings per share were supposed to be $ 1.91, and total income of $ 5.38 billion.

McDonald's shares are up 9% this year, better than the overall Dow Jones index.

McDonald's is following the general trend of the Services sector companies this month.

October 29 Amazon released its third quarter financials. The retailer reported earnings per share of $ 12.37 and total revenues of $ 96.15 billion. According to analysts, earnings per share should have been $ 7.41, on total revenue of $ 95.78 billion.