RTTNews | Jan 27, 2022 07:07AM EST

07:07 Thursday, January 27, 2022 (RTTNews.com) - McDonald's Corp. (MCD) released a profit for its fourth quarter that increased from the same period last year but missed the Street estimates.

The company's earnings came in at $1.64 billion, or $2.18 per share. This compares with $1.38 billion, or $1.84 per share, in last year's fourth quarter.

Excluding items, McDonald's Corp. reported adjusted earnings of $2.23 per share for the period.

Analysts on average had expected the company to earn $2.34 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.2% to $6.01 billion from $5.31 billion last year.

McDonald's Corp. earnings at a glance (GAAP) :

-Earnings (Q4): $1.64 Bln. vs. $1.38 Bln. last year.-EPS (Q4): $2.18 vs. $1.84 last year.-Analyst Estimate: $2.34-Revenue (Q4): $6.01 Bln vs. $5.31 Bln last year.

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