Restaurant Brands International Stock Rises as Q4 Results Top Estimates | Global News Avenue

Restaurant Brand International (QSR) Reported Wednesday’s fourth quarter results better than expected, making stocks higher In listing transactions.

Burger King, Tim Hortons and Popeyes’ parent company reported adjustments Earnings per share (EPS) Revenue was $0.81 for $2.3 billion. According to estimates compiled by Visible Alpha, analysts expect $0.50 and $2.29 billion, respectively.

Fast food giant’s giant Comparable sales It was up 2.5%, much better than the 1.59% increase expected by analysts.

Shares of international restaurant brands rose 3% immediately after the report was released. Over the past 12 months, they entered about 13% of the day.

The company’s performance comes two days after rival McDonald’s (MCD), and most importantly, global comparable sales Unexpectedly restored growth.