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Restaurant Brands International Q3 2023 Earnings Report

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C$86.66 -0.72 (-0.82%)
As of 02:33 PM Eastern

Restaurant Brands International EPS Results

Actual EPS
C$1.21
Consensus EPS
C$1.14
Beat/Miss
Beat by +C$0.07
One Year Ago EPS
N/A

Restaurant Brands International Revenue Results

Actual Revenue
$2.46 billion
Expected Revenue
$2.53 billion
Beat/Miss
Missed by -$64.85 million
YoY Revenue Growth
N/A

Restaurant Brands International Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

Restaurant Brands International Earnings Headlines

Restaurant Brands price target lowered to $65 from $74 at BofA
Restaurant Brands price target lowered to $68 from $72 at Stifel
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Restaurant Brands’ Firehouse Subs announces entry to Brazil
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About Restaurant Brands International

Restaurant Brands International (TSE:QSR) is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton's supply chain operations. Formed in 2014 after 3G Capital's acquisition of Tim Horton's International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton's (5,300 units), and Popeyes Louisiana Kitchen (3,700 units). The 2021 acquisition of Firehouse Subs brings another 1,200 units and $1.1 billion in systemwide sales in-house.

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