McDonald's 4th-quarter profit rises
The world's biggest hamburger chain said fourth-quarter profit was $1.22 billion, or $1.11 a share, up from $985.3 million, or 87 cents a share, a year earlier.
Excluding one-time items, McDonald's earned $1.03 a share. On that basis, analysts' average forecast was $1.02, according to Thomson Reuters I/B/E/S.
Revenue, which includes sales from company-owned restaurants plus fees like royalties from franchisees, rose 7 percent to $5.97 billion.
Shares edged up 0.3 percent to $63.39 in premarket trading.
(Reporting by Brad Dorfman and Lisa Baertlein; editing by John Wallace)