Restaurant Brands International, Inc. (QSR - Free Report) reported fourth-quarter 2019 results, with earnings and revenues surpassing the Zacks Consensus Estimate. The top and the bottom line also increased year over year, buoyed by solid organic growth across the business. Following the results, the company’s shares increased 2.7% on Feb 10.
The company’s adjusted earnings came in at 75 cents per share, which beat the Zacks Consensus Estimate of 73 cents and rose 10.3% from the year-ago quarter’s reported figure. Total revenues of $1,479 million beat the consensus mark of $1,461 million by 1.3%. The said figure also increased 6.8% from the year-ago quarter’s figure, courtesy of increased system-wide sales in Burger King and Popeyes.
Notably, the company continues to make progress on its key investment project that includes remodeling programs and digital construction.
Restaurant Brands International Inc. Price, Consensus and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Restaurant Brands International, Inc. (QSR - Free Report) reported fourth-quarter 2019 results, with earnings and revenues surpassing the Zacks Consensus Estimate. The top and the bottom line also increased year over year, buoyed by solid organic growth across the business. Following the results, the company’s shares increased 2.7% on Feb 10.
The company’s adjusted earnings came in at 75 cents per share, which beat the Zacks Consensus Estimate of 73 cents and rose 10.3% from the year-ago quarter’s reported figure. Total revenues of $1,479 million beat the consensus mark of $1,461 million by 1.3%. The said figure also increased 6.8% from the year-ago quarter’s figure, courtesy of increased system-wide sales in Burger King and Popeyes.
Notably, the company continues to make progress on its key investment project that includes remodeling programs and digital construction.
Restaurant Brands International Inc. Price, Consensus and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on EAT - FREE
Get the latest research report on DENN - FREE
Get the latest research report on QSR - FREE