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Burger King parent's stock rises on earnings beat

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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.

 

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