Restaurant Brands: Fourth Quarter Earnings Overview

Restaurant Brands International Surpasses Q4 Earnings Expectations

Restaurant Brands International, headquartered in Miami, announced a net income of $113 million for the fourth quarter.

The company reported earnings of 34 cents per share, while adjusted earnings—excluding one-time expenses and discontinued operations—came in at 96 cents per share.

These results outperformed analysts’ predictions, as the consensus among nine Zacks Investment Research analysts had anticipated earnings of 93 cents per share.

Restaurant Brands International, which operates Burger King and Tim Hortons, also reported quarterly revenue of $2.47 billion, topping the $2.4 billion estimate from analysts surveyed by Zacks.