Restaurant Brands International Inc. reports results for the quarter ended September 30 - Earnings Summary

• Restaurant Brands International Inc. reported quarterly adjusted earnings of $1.10​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.03. The mean expectation of twenty analysts for the quarter was for earnings of $1.09 per share. Wall Street expected results to range from $1.06 to $1.15 per share.

• Revenue rose 3.1% to $2.53 billion from a year ago; analysts expected $2.54 billion.

• Restaurant Brands International Inc.'s reported EPS for the quarter was $1.54​.

• The company reported quarterly net income of $542 million.

• Restaurant Brands International Inc. shares had risen by 4.8% this quarter and gained 9.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is also "buy"

• Wall Street's median 12-month price target for Restaurant Brands International Inc. is $82.00, about 9.1% above its last closing price of $74.52

This summary was machine generated from LSEG data October 29 at 05:28 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)