Restaurant Brands (QSR) Tops Q3 EPS by 2c

Restaurant Brands (NYSE: QSR) reported Q3 EPS of $0.76, $0.02 better than the analyst estimate of $0.74. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.52 billion.

• Global system-wide sales grew 11% year-over-year and accelerated sequentially to +5% compared to 2019 Burger King international system-wide sales grew 25% year-over-year and +10% compared to 2019Year-to-date unit growth and pipeline keep RBI on track to return to pre-pandemic levels in 2021 and accelerate in 2022 Returned over $425 million of capital to shareholders through dividends and share buybacksAnnounced commitment to reduce greenhouse gas emissions 50% by 2030 and reach net zero emissions by 2050 or sooner

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

You May Also Be Interested In

• 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
• Investing.com’s stocks of the week
• Carvana (CVNA) PT Lowered to $85 at RBC Capital