Burger King (BKC) Shares Down Over 4.5% After Earnings Report
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Shares of Burger King Holdings Inc. (NYSE: BKC) are trading down $1.28 (-4.66%) after reporting Q4 earnings, which were $0.03 better than analyst estimates (on an adjusted basis). Revenues were $646 million, higher than analyst estimates of $634.64 million.
The CEO of Burger King said he expects the company to report $1.54 to $1.59 for FY09 earnings (in-line with estimates $1.56)
Q4 Global (comparable) sales were up 5.3%. Last month, McDonald's (NYSE: MCD) reported Global sales up 6.1%.
Burger King Holdings, Inc. (BKH) is a fast food hamburger restaurant (FFHR).[SM]
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