Menu

Restaurant Brands International earnings top estimates, fueled by Burger King turnaround
📰
0

Restaurant Brands International earnings top estimates, fueled by Burger King turnaround

CNBC·Amelia Lucas·27 days ago
#AoLYEvxg
Reading 0:00
15s threshold

Burger King fast food hamburger restaurant in Miami, Fla. Jeff Greenberg | Universal Images Group | Getty Images Restaurant Brands International on Wednesday reported better-than-expected quarterly earnings and revenue, fueled by another quarter of strong international growth and a successful turnaround at Burger King U.S. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: 86 cents adjusted vs. 82 cents expected Revenue: $2.26 billion vs. $2.24 billion expected Restaurant Brands reported first-quarter net income attributable to common shareholders of $338 million, or 97 cents per share, up from $159 million, or 49 cents per share, a year earlier. Excluding non-recurring expenses and other items, the restaurant company earned 86 cents per share. Revenue   rose 7% to $2.26 billion. Restaurant Brands' same-store sales increased 3.2% in the quarter, fueled by strong growth at Burger King's U.S.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More