Restaurant Brands (QSR) Misses Q3 EPS by 5c
Restaurant Brands (NYSE: QSR) reported Q3 EPS of $0.36, $0.05 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.06 billion.
- Tim Hortons ("TH") comparable sales increased 2.0% and Burger King ("BK") comparable sales increased 1.7% in constant currency
- Restaurant count increased 3.4% at TH and 3.9% at BK year-over-year
- System-wide sales grew 4.8% at TH and 7.0% at BK in constant currency
For earnings history and earnings-related data on Restaurant Brands (QSR) click here.
