Restaurant Brands International (QSR) earnings Q1 2023


In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California.

Justin Sullivan | Getty Images

Restaurant Brands International on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by double-digit same-store sales growth at Tim Hortons and Burger King.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

  • Earnings per share: 75 cents adjusted vs. 64 cents expected
  • Revenue: $1.59 billion vs. $1.56 billion expected

Restaurant Brands reported first-quarter net income of $277 million, or 61 cents per share, up from $270 million, or…

Source cnbc.com

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