(Boursier.com) — McDonald’s, the American fast food giant, published adjusted earnings per share of $2.95 for its fourth quarter, compared to a level of $2.59 a year earlier and a consensus of around $2.8. Revenues, meanwhile, narrowly missed consensus at $6.41 billion, up 8.1% year-on-year from the corresponding period last year. Operating profit increased 8.5% to $2.8 billion. Like-for-like sales increased 3.4%, compared to the market consensus of 4.8%. Comparable American growth was 4.3% versus 4.5% consensus. International like-for-like growth was 4.4%, also lower than market expectations. This is the first time in almost four years that the group has missed the sales consensus, according to Reuters, which mainly blames weak international growth.
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