We're talking earnings this week on the Consumer Goods Edition of where the money is.

Welcome to the show's fools and of course welcome Sean.

How are you Nathan?

I'm doing good. We're talking earnings today, huh?

Yep. So there were three that we want to focus on today.

Dun, done, done. Yes. So starting off with the good.

This is the trifecta of American consumerism. It's debatable

about who's the good and who's the bad and who's the ugly. I can obviously

argue in favor of what I chose, but in any case, the good, believe it or not, is

actually McDonald's and it's not because or not, is actually McDonald's.

And it's not because the stock price is done the least out of the three that we're covering today.

But it's mostly because they beat earnings expectations.

They obviously lost on revenues, which is why none of these guys are doing

particularly well but they're the first company we're talking about.

So what was actually different in the report?

Yeah so they were expected at a dollar 37 per share they came in at a dollar oh nine earn a $1.37 per share.

They came in at $1.09 on a gap basis.

That included 42 cents per share and one time items.

I think one of the biggest components was like 30 cents per share worth

of tax adjustments and everything.

So technically it was a beat if you, you know,

kind of have an out of a wink to the gap earnings.

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