CHICAGO (AP) _ McDonald's Corp. (MCD) on Wednesday reported second-quarter earnings of $2.22 billion.
On a per-share basis, the Chicago-based company said it had profit of $2.95. Earnings, adjusted for non-recurring gains, came to $2.37 per share.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.12 per share.
The world's biggest hamburger chain posted revenue of $5.89 billion in the period, also beating Street forecasts. Ten analysts surveyed by Zacks expected $5.63 billion.
McDonald's shares have risen 15% since the beginning of the year, while the S&P's 500 index has climbed 17%. The stock has risen 22% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCD at https://www.zacks.com/ap/MCD