From their August financials call:
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
Earnings per share: 85 cents adjusted vs. 77 cents expected
Revenue: $1.78 billion vs. $1.75 billion expected
Restaurant Brands announced second-quarter net income of $351 million, or 77 cents per share, up from $346 million, or 76 cents per share, a year earlier.
Excluding items, the company earned 85 cents per share.
Net sales rose 8.3% to $1.78 billion. Restaurant Brands’ same-store sales climbed 9.6% in the quarter, driven by strong growth at Tim Hortons and Burger King.