date:Aug 05, 2014
bout 10 percent of its total revenue, the world's largest burger chain said in its filing on Monday. About 15 percent of operating profit at McDonald's comes from its Asia/Pacific, Middle East and Africa unit that includes China and Japan, analysts said.
The warning from McDonald's prompted Janney Capital Markets analyst Mark Kalinowski to cut his earnings per share estimates for the fast-food chain by 3 cents to $1.55 for the third quarter, and by 1 cent to $1.43 for the fourth quarter.
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