Restaurant Brands Intl Q2 EPS $0.85 Beats $0.76 Estimate, Sales $1.77B Beat $1.74B Estimate
Portfolio Pulse from Benzinga Newsdesk
Restaurant Brands Intl (NYSE:QSR) reported Q2 earnings of $0.85 per share, beating the analyst consensus estimate of $0.76 by 11.84%. This is a 3.66% increase over earnings of $0.82 per share from the same period last year. The company also reported quarterly sales of $1.77 billion, beating the analyst consensus estimate of $1.74 billion by 2.01%. This is an 8.30% increase over sales of $1.64 billion the same period last year.
August 08, 2023 | 10:31 am
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POSITIVE IMPACT
Restaurant Brands Intl's Q2 earnings and sales beat estimates, which could lead to a positive short-term impact on its stock.
Restaurant Brands Intl reported better than expected Q2 earnings and sales. This positive financial performance could increase investor confidence and demand for the stock, potentially leading to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100