McDonalds Corp. reported net profit for the first quarter of $ 1.104 billion, or $ 1.48 a share, down from $ 1.537 billion, or $ 2.05, a year earlier.
Excluding the cost of supporting operations in Russia and Ukraine with wages and rent payments as well as an international tax issue, adjusted earnings per share stood at $ 2.28.
Convergent estimates spoke of $ 2.17.
Revenue stood at $ 5.666 billion, up from $ 5.125 billion a year ago, compared to estimates for $ 5.570 billion.
Comparable sales worldwide increased by 11.8% compared to estimates for an increase of 7.7%.
The share is up 2% in pre-conference trading.
Source: Capital
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