McDonald’s to report loss

It is very rare that McDonald’s has to report a loss, but the McDonald’s Corporation said on Monday that it would have to report the second quarterly loss in the more than 50 years the company exists. But there is no need to worry about the fast food chain: McDonald’s only has to report the loss due to a large charge they had to pay after they sold some of their Latin America operations. Despite the fact that McDonald’s lost money this quarter, the company continues to grow and it also expects to surpass forecasts of Wall Street analysts. The analysts said McDonald’s would earn about 68 cents a share (which would be a total of $5.8 billion), but McDonald’s said it expects earnings of 71 cents a share.




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