Restaurant Brands (NYSE: QSR) reported Q2 EPS of $0.38, $0.03 better than the analyst estimate of $0.35. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.05 billion.

Daniel Schwartz, Chief Executive Officer of Restaurant Brands International Inc. ("RBI") commented, "We ended the second quarter with solid system-wide sales growth at both of our iconic brands, TIM HORTONS® and BURGER KING®, driven by growth in our global restaurant footprint and compelling product launches. We continued to achieve strong earnings growth versus prior year results and believe that the execution of our brand-specific strategies by our franchisees and employees will drive sustainable value for years to come."

Second Quarter 2016 Highlights:

• RBI Total Revenues of $1,040.2 million versus $1,042.2 million in prior year period
• RBI Net Income Attributable to Common Shareholders of $90.9 million versus $11.0 million in prior year period
• RBI Diluted EPS of $0.38 versus $0.05 in prior year period
• Tim Hortons ("TH") comparable sales increased 2.7% and Burger King ("BK") comparable sales increased 0.6% in constant currency
• Restaurant count increased 3.3% at TH and 3.9% at BK year-over-year
• System-wide sales grew 4.8% at TH and 5.9% at BK in constant currency
• RBI Adjusted EBITDA of $479.1 million was up 16.2% on an organic basis versus prior year results
• RBI Adjusted Diluted EPS of $0.41 was up 38.3% versus prior year results
• RBI declared a dividend of $0.16 per common share and partnership exchangeable unit of Restaurant Brands International Limited Partnership for the third quarter of 2016

For earnings history and earnings-related data on Restaurant Brands (QSR) click here.