McDonald’s Corporation

McDonald’s Corporation

McDonald's earnings results for the third quarter of the year were released on Thursday and exceeded analysts’ expectations due to the company’s marketing strategy and higher prices on the menu.

On Thursday, McDonald's is expected to release its earnings report for the third quarter of 2022 before the opening of trading.

McDonald's board announced the growth of its quarterly dividend to $1.52 per common stock. The payment date is Dec. 15, 2022. They are payable to shareholders of record at the close of business on December 1, 2022.

According to a commentary given by analysts at BTIG, McDonald’s shares are generally positively estimated by specialists, with the assignment of a Buy rating and the determined stock price target of $280.

The fast-food restaurant chain McDonald's in Japan announces a price increase on about 60% of menu items to eaters. This is influenced by rising input costs and currency fluctuations.