Restaurant Brands (QSR) Q1 Earnings: Another Beat In Store?
Zacks Investment Research | Apr 23, 2017 09:10PM ET
We expect Restaurant Brands International Inc. (NYSE:QSR) to beat expectations when it reports first-quarter 2017 numbers on Apr 26, before the opening bell.
Last quarter, Restaurant Brands posted a positive earnings surprise of 4.76%. In fact, the company’s earnings surpassed the Zacks Consensus Estimate in each of the past seven quarters, with the trailing four-quarter average earnings surprise coming in at 19.20%.
It is to be noted that headquartered in Miami, FL, Restaurant Brands came into existence with the merger of Tim Hortons Inc. and Burger King Worldwide Inc. Currently, it is the parent company of these two iconic quick-service restaurant brands that have been serving customers for more than 50 years independently.
Let’s see how things are shaping up prior to this announcement.
Restaurant Brands International Inc. Price and EPS Surprise
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