Earnings

Restaurant Brands International (QSR) Q1 earnings

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Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange, November 6, 2019.

Brendan McDermid | Reuters

Restaurant Brands International on Friday reported quarterly earnings that topped Wall Street’s expectations as its systemwide sales surpassed 2019 levels.

Shares of the company were roughly flat in premarket trading.

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

  • Earnings per share: 55 cents adjusted vs. 50 cents expected
  • Revenue: $1.26 billion vs. $1.25 billion expected

The company reported fiscal first-quarter net income of $270 million, or…



Source cnbc.com

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