A caller Burger King edifice nether operation successful Tortosa, Spain, pursuing the existent enlargement of Restaurant Brands International Inc. - the genitor institution of BK- successful caller and existing markets.
Joan Cros | NurPhoto | Getty Images
Restaurant Brands International connected Tuesday reported quarterly revenue that missed analysts' expectations arsenic home same-store income maturation for each 4 of its chains fell abbreviated of estimates.
Here's what the company reported compared with what Wall Street was expecting, based connected a survey of analysts by LSEG:
- Earnings per share: 93 cents adjusted. That whitethorn not comparison with 95 cents expected.
- Revenue: $2.29 cardinal vs. $2.31 cardinal expected
Restaurant Brands reported third-quarter nett income attributable to communal shareholders of $252 million, oregon 79 cents per share, unchanged from a twelvemonth earlier.
Excluding items, the institution earned 93 cents per share.
Net sales climbed 24.7% to $2.29 billion, mostly acknowledgment to the company's acquisitions of its largest U.S. Burger King franchisee and its Popeyes concern successful China earlier this year.
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