A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom.Restaurant Brands International reported quarterly earnings and revenue that beat analysts' expectations on Tuesday, fueled by stronger-than-expected Tim Hortons sales.Shares of the company were unchanged in premarket trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:E ...

Restaurant Brands International Inc. QSR, +1.62%, the operator of Burger King, Tim Hortons and Popeyes Louisiana, posted net income of $726 million, or $1.60 a share, in the quarter, up from $335 million, or 74 cents a share, in the year-earlier period. Adjusted per-share earnings came to 75 cents, ahead of the 73 cent FactSet consensus. Revenue rose to $1.820 billion from $1.689 billion, matching the FactSet consensus. Same-restaurant sales rose 5.8%, while FactSet was expecting a rise of 6.4%. The compan ...

Colliers Wood, London, ENGLAND - January 2024: Burger King store sign External Store Sign (Photo by ... [+] Peter Dazeley/Getty Images)Getty ImagesRestaurant Brands International is one of the largest fast-food restaurant chains in the world that operates Burger King, Tim Hortons, Popeyes, and, since late 2021, Firehouse Subs. The company is scheduled to report its fiscal fourth-quarter results on Tuesday, February 13. We expect Restaurant Brands International stock (NYSE: QSR) to see little to no movement ...

In its upcoming report, Restaurant Brands (QSR) is predicted by Wall Street analysts to post quarterly earnings of $0.73 per share, reflecting an increase of 1.4% compared to the same period last year. Revenues are forecasted to be $1.8 billion, representing a year-over-year increase of 6.7%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections duri ...

Restaurant Brands International Inc. (QSR) is scheduled to report fourth-quarter 2023 results on Feb 13, 2024, before the opening bell. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 7.1%.Trend in Estimate RevisionThe Zacks Consensus Estimate for fourth-quarter earnings per share is pegged at 73 cents, indicating growth of 1.4% from 72 cents in the year-ago quarter.The consensus mark for revenues is pegged at $1.80 billion, suggesting an increase of 6.7% from ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Restaurant Brands (QSR) , which belongs to the Zacks Retail - Restaurants industry.This operator of Burger King and Tim Hortons restaurant chains has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 9.49%.For the last reported quarter, Restaurant Brands ca ...

Remember the bacon boom from years ago, when the porky favorite started finding its way into everything from burgers to ice cream?It turns out the boom has never gone bust.Consider how fast-food chains continue to roll out one menu item after another that incorporates bacon. This week, Burger King QSR, -0.10% introduced its Candied Bacon Whopper, which not only features the namesake item as a burger topping, but also includes bacon jam.Meanwhile, Wendy’s WEN, -0.93%, the chain that gained a measure of fame ...

Burger King is expanding its menu with the debut of two new sandwiches, including a “Candied Bacon Whopper”. One of the new bunned delights is a limited-edition, bacon-heavy take on the chain’s classic Whopper. The gut-busting burger hit restaurants on Jan. 29, USA Today reported, and is only available while supplies last.Dubbed the Candied Bacon Whopper, the menu item features sweet bacon jam, garlic aioli, candied bacon and crispy onions — alongside a beef patty, lettuce and tomato — all sandwiched betwe ...

Restaurant Brands International Inc. (QSR) is set to bolster its presence in the fast-food industry with the acquisition of Carrols Restaurant Group Inc. (TAST) for approximately $1 billion in an all-cash deal. The deal, set at $9.55 per share, represents a 23.1% premium to Carrols Restaurant’s 30-day volume-weighted average price as of Jan 12, 2024. The deal is likely to be sealed in the second-quarter of 2024.This move reflects QSR's commitment to its Reclaim the Flame plan, which is focused on persistent ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewBurger King's owner is going into the flipping business.Restaurant Brands International, the parent company of Burger King and Popeyes, announced plans Tuesday to buy more than 1,000 fast-food res ...