McDonalds Q4 earnings has beaten wall street estimates

McDonald?s reported on Tuesday morning that revenue and profit have both increased.

McDonald’s has reported on Tuesday morning that revenue and profit have both increased and while net sales have dropped a very minor 1%, the volatility in the forex exchange rates has been the main cause of this. Net sales actually rose 5% discounting for the fx rates.

EPS for McDonald’s came out at $2.59 vs $2.45 with Revenue at $5.93bn vs $5.68. A strong improvement.  Shares initially rallied 2.5%, however, are now down 1% heading into the Tuesday open call.

Full report is yet to be released.