Burger King parent's stock rises on earnings beat

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Popeyes Louisiana Kitchen's chicken sandwich permanently returned in November.

Eric Baradat | AFP | Getty ImagesShares of the company rose more than 1% in premarket trading.

Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $1.48 billion vs. $1.46 billion expected Burger King's parent company reported fiscal fourth-quarter net income of $257 million, or 54 cents per share, down from $301 million, or 64 cents per share, a year earlier.

Excluding items, Restaurant Brands earned 75 cents per share, beating the 73 cents per share expected by analysts surveyed by Refinitiv.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines