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Restaurant Brands International (QSR) Q4 2021 earnings

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Milton, Pennsylvania: A Burger King Restaurant

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Restaurant Brands International on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations as digital orders made up nearly a third of the company’s global sales.

Premarket trading saw shares of the company flat.

This is what the company said compared to what Wall Street expected based upon a Refinitiv survey of analysts:

  • Earnings per share: 74 cents adjusted vs. 70 cents expected
  • Revenue: $1.55Billion, vs. $1.5B expected

Fourth quarter net income for the restaurant company was $261 million or 57 cents per diluted share. It is an increase of $138 million or 30 cents per diluted share a year prior.

Restaurant Brands’ earnings were 74 cents per diluted share (excluding food items), beating expectations of Refinitiv analyst who expected 70 cents.

Net sales rose 14% to $1.55 billion, topping expectations of $1.5 billion.

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