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Here's What Key Metrics Tell Us About Restaurant Brands (QSR) Q3 Earnings

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Restaurant Brands (QSR - Free Report) reported $2.45 billion in revenue for the quarter ended September 2025, representing a year-over-year increase of 6.9%. EPS of $1.03 for the same period compares to $0.93 a year ago.

The reported revenue represents a surprise of +2.47% over the Zacks Consensus Estimate of $2.39 billion. With the consensus EPS estimate being $1.00, the EPS surprise was +3%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Restaurant Brands performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Comparable Sales - BK - Global: 3.1% compared to the 2% average estimate based on seven analysts.
  • Comparable Sales - PLK - Global: -2.4% versus 1.3% estimated by seven analysts on average.
  • Comparable Sales - TH - Global: 4.2% compared to the 3.3% average estimate based on seven analysts.
  • Comparable Sales - FHS - Global: 2.6% versus 2.3% estimated by seven analysts on average.
  • Revenues- Advertising revenues and other services: $314 million versus the seven-analyst average estimate of $312.14 million. The reported number represents a year-over-year change of +8.3%.
  • Revenues- Franchise and property revenues: $778 million versus the seven-analyst average estimate of $764.19 million. The reported number represents a year-over-year change of +5.9%.
  • Revenues- FHS (Firehouse Subs): $60 million compared to the $58.05 million average estimate based on five analysts. The reported number represents a change of +13.2% year over year.
  • System-wide sales- TH: $2.03 billion compared to the $1.99 billion average estimate based on five analysts. The reported number represents a change of +3.9% year over year.
  • System-wide sales- BK: $2.96 billion compared to the $2.92 billion average estimate based on five analysts. The reported number represents a change of +2.3% year over year.
  • System-wide sales- PLK: $1.52 billion versus $1.55 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +0.7% change.
  • System-wide sales- FHS: $332 million compared to the $327.58 million average estimate based on five analysts. The reported number represents a change of +10.3% year over year.
  • System-wide sales- Consolidated: $12.28 billion versus $11.98 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +7.4% change.

View all Key Company Metrics for Restaurant Brands here>>>

Shares of Restaurant Brands have returned -0.2% over the past month versus the Zacks S&P 500 composite's +3.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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