Restaurant Brands: Q3 Earnings Snapshot

MIAMI (AP) — MIAMI (AP) — Restaurant Brands International (QSR) on Thursday reported third-quarter earnings of $542 million.

The Miami-based company said it had net income of $1.54 per share. Earnings, adjusted for non-recurring gains, were $1.10 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.

The operator of Burger King and Tim Hortons restaurant chains posted revenue of $2.53 billion in the period, which missed Street forecasts. Eight analysts surveyed by Zacks expected $2.54 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QSR at https://www.zacks.com/ap/QSR