McDonalds Stock (MCD) is ahead at the open this morning as the company beat earnings estimates by a fairly wide margin. Net income was $1.38 billion, $1.72 a share which is up from $1.21 billion and $1.47 a share for the same period last year. Revenue reached $5.14 billion which is down from $5.68 billion last year.
As members know I have a trade setup using the Trade Ahead Of Earnings Strategy.
Here is the latest update this morning (Apr 30 2018) as the stock pushes above $166.
The rest of this McDonalds Stock trade article is for FullyInformed Members.
Handling The Trade Ahead Of Earnings Strategy for McDonalds Stock (MCD) On Mon Apr 30 2018
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