“Restaurant Brands revenue disappoints Wall Street as Burger King same-store sales miss estimates”
November 3, 2023
“…Shares of the company were down 2% in morning trading.
Here’s what Restaurant Brands reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:
- Earnings per share: 90 cents adjusted vs. 86 cents expected
- Revenue: $1.84 billion vs. $1.87 billion expected
Restaurant Brands reported third-quarter net income attributable to shareholders of $252 million, or 79 cents per share, down from $360 million, or $1.17 per share, a year earlier…”
https://www.cnbc.com/2023/11/03/restaurant-brands-international-qsr-q3-2023-earnings.html