Reuters: Hot Stocks: McDonald's quarterly profit rises 4 percent

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McDonald's quarterly profit rises 4 percent Oct 21st 2013, 12:05 Mon Oct 21, 2013 8:05am EDT Oct 21 (Reuters) - McDonald's Corp reported a 4.1 percent rise in quarterly profit, while global sales at established restaurants marginally missed analysts' expectations. The world's biggest restaurant chain by revenue reported net income of $1.52 billion, or $1.52 per share, for the third quarter ended Sept. 30, up from $1.46 billion, or $1.43 per share, a year earlier. Global sales at restaurants open at least 12 months rose 0.9 percent. Analysts on average had expected a rise of 1 percent, according to Consensus Metrix. (Reporting by Aditi Shrivastava; Editing by Sriraj Kalluvila)

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