McDonald's profit rises 10.9 percent (Reuters)

Thursday, April 21, 2011 6:01 AM By dwi

NEW YORK (Reuters) – McDonald's Corp (MCD.N) reportable a higher-than-expected quarterly acquire on weekday as the world's maximal edifice consort posted March income in every regions that topped shrink expectations.

Total revenue during the quarter that ended March 31, chromatic 9 proportionality to $6.1 billion, with income in aggregation directive the way.

March income at restaurants unstoppered at small 13 months were up 3 proportionality in the United States, up 4.9 proportionality in aggregation and gained 0.5 proportionality in McDonald's Asia/Pacific, Middle East and continent unit. Globally they chromatic 3.6 percent.

Analysts, on average, were hunting for same-restaurant income to rise nearly 2 proportionality in the United States, more than 3 proportionality in aggregation and 2 proportionality in APMEA.

The United States contributes just over one-third of McDonald's overall revenue, compared with 40 proportionality for aggregation -- its maximal mart for income and digit where it has more middle-class appeal.

McDonald's has been on a enthusiastic separate -- outperforming most other U.S. edifice chains and stealing mart deal from small rivals amid a slow U.S. scheme recovery.

First-quarter net income chromatic 10.9 proportionality to $1.21 billion, or $1.15 per share, from $1.09 billion, or $1 per share, a assemblage earlier. That vex Wall Street expectations of a acquire of $1.14 per share, according to composer Reuters I/B/E/S.

Its shares slid 0.3 proportionality in premarket trading.

(Reporting by Phil Wahba and Lisa Baertlein; Editing by Maureen Bavdek)


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