McDonald’s (NYSE:MCD) is on a mission. The company has just raised guidance yet again with projections of $0.83 EPS versus $0.77 estimates.
This does not include gains from the sale of Boston market but it does include currency gains that added $0.03 to operations and growth in other operating income added $0.02. Its US same-store-sales were up 3.5% in September, Europe up 5.7%, and Asia/Pacific/MiddleEast/Africa up 12%. Its system-wide sales in Spetember were up 11.5%, but noted as 7.2% in constant currency.
McDonald’s shares were originally up about 1.5% pre-market, but shares are up right at 1% now at $56.85 in pre-market activity.
Jon C. Ogg
October 12, 2007
Are You Still Paying With a Debit Card?
The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.
Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!
Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!
Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.