Investing.com – McDonald’s moved higher in pre-market trade after fast food chain reported better-than-expected profit on Friday.
Specifically, the company reported earnings-per-share (EPS) of $1.23.
Revenue fell by 1% to $5.81 billion.
Analysts had forecast EPS of $1.16 on revenue of $9.39 billion.
After the report, shares in McDonald’s traded up 2.56% to $129.01 in the pre-market.