Restaurant Brands International Stock Rises as Q4 Results Top Estimates

Restaurant Brands International (QSR) reported better-than-expected fourth-quarter results Wednesday, sending shares higher in premarket trading. The parent company of Burger King, Tim Hortons, and Popeyes reported adjusted earnings per share (EPS) of $0.81 on revenue of $2.3 billion. Analysts had expected $0.50 and $2.29 billion, respectively, according to estimates compiled by Visible Alpha. The fast-food giant's comparable sales grew 2.5%, better than the 1.59% growth that analysts had expected. Shares ...