Restaurant Brands Intl Q4 Adjusted EPS $0.75 Beats $0.73 Estimate, Sales $1.82B Beat $1.81B Estimate
Portfolio Pulse from Benzinga Newsdesk
Restaurant Brands Intl (NYSE:QSR) reported Q4 adjusted EPS of $0.75, surpassing the $0.73 estimate, and sales of $1.82B, exceeding the $1.81B estimate. This represents a 4.17% increase in earnings and a 7.76% increase in sales over the same period last year.
February 13, 2024 | 11:32 am
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Restaurant Brands Intl reported a Q4 adjusted EPS of $0.75, beating estimates, and sales of $1.82B, also above expectations. Year-over-year, earnings and sales increased by 4.17% and 7.76%, respectively.
Beating both earnings and sales estimates typically has a positive impact on a company's stock price in the short term. The reported year-over-year growth in earnings and sales further strengthens the positive outlook for QSR's stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100