McDonald's Stock Struggles After Rare Earnings Miss

McDonald's stock is choppy Tuesday after a mixed first-quarter earnings report. Here's what you need to know.

outside of McDonald's drive thru restaurant at dusk
(Image credit: Robert Gauthier/Los Angeles Times via Getty Images)

McDonald's (MCD) stock is bouncing between positive and negative territory Tuesday after the fast-good giant disclosed first-quarter results that were mixed compared with analysts' expectations.

In the three months ended March 31, the fast food giant's revenue increased 4.6% year-over-year to $6.2 billion. Earnings per share (EPS) were 2.7% higher at $2.70, while its global comparable-store sales rose 1.9% from Q1 2023. 

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Joey Solitro

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.