Why Is Restaurant Brands (QSR) Up 4.2% Since Last Earnings Report? [Yahoo! Finance]
Restaurant Brands International Inc. Common Shares (QSR)
Last restaurant brands international inc. common shares earnings: 5/1 06:30 am
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Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Restaurant Brands due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Restaurant Brands reported third-quarter 2024 results with earnings and revenues missing the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis. QSR reported adjusted earnings per share (EPS) of 93 cents, missing the Zacks Consensus Estimate of 94 cents. Organically, the bottom line grew 4.6% year over year. Quarterly net revenues of $2.29 billion missed the consensus mark of $2.3 billion by 0.5%. The top line increased 24.7% on a year-over-year basis. On an organic level, the rise in upside was due to the net impact of non-Carrols-acquired BK restaurants and the acquisition of PLK Carrols restaurants. Additionally, organic revenue
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QSR
Earnings
- 11/6/24 - Miss
QSR
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- QSR's page on the SEC website