Restaurant Brands (NYSE: QSR) reported Q4 EPS of $0.75, $0.19 better than the analyst estimate of $0.56. Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.15 billion.

2019 Growth and Profitability Highlights:

• System-wide Sales Growth of 8.3%
• Net Restaurant Growth of 5.2%
• Diluted EPS of $2.37 versus $2.42 in prior year
• Adjusted Diluted EPS of $2.72 versus $2.63 in prior year
• Net Income Attributable to Common Shareholders and Noncontrolling Interests of $1,109 million versus $1,143 million in prior year
• Adjusted EBITDA of $2,304 million increased 6.5% organically versus the prior year
• Net cash provided by operating activities of $1,476 million and Free Cash Flow of $1,414 million

Jose Cil, Chief Executive Officer of Restaurant Brands International Inc. ("RBI") commented, "We have three iconic restaurant brands that are together growing rapidly around the world. Last year, we shared a long-term aspiration to build the most loved restaurant brands in the world and have more than 40,000 restaurants open within 8-10 years. I'm proud that our 2019 results have us solidly on track."

"Burger King delivered its strongest year of restaurant growth in the last two decades. Popeyes launched an iconic Chicken Sandwich that has proven to be a game changer for the brand in every way. At Tim Hortons, our performance did not reflect the incredible power of our brand and it is clear that we have a large opportunity to refocus on our founding values and what has made us famous with our guests over the years, which will be the basis for our plan in 2020."

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