Restaurant Brands Intl Q1 2024 Adj EPS $0.73 Beats $0.72 Estimate, Sales $1.739B Beat $1.703B Estimate
Portfolio Pulse from Benzinga Newsdesk
Restaurant Brands Intl (NYSE:QSR) reported Q1 2024 adjusted earnings of $0.73 per share, surpassing the consensus estimate of $0.72. Sales reached $1.739 billion, exceeding estimates of $1.703 billion, marking a 9.37% increase from the previous year.
April 30, 2024 | 10:32 am
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Restaurant Brands Intl reported a slight earnings beat and a significant sales increase in Q1 2024, indicating strong performance.
Beating both earnings and sales estimates, especially with a notable year-over-year sales growth of 9.37%, suggests strong operational performance and market confidence. This positive report is likely to influence investor sentiment positively in the short term, potentially leading to an uptick in QSR's stock price.
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RELEVANCE 100