Burger King parent Restaurant Brands beats profit estimates for Q4 as revenue matches consensus

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 ...