Burger King's parent falls short on earnings

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Burger King's parent company, Restaurant Brands International, reported earnings before the bell Monday.

Randy Risling | Toronto Star | Getty Imageson Monday reported quarterly earnings that fell short of analysts' expectations.

Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $1.27 billion vs. $1.26 billion expected Burger King's parent company reported fiscal first-quarter net income of $246 million, or 53 cents per share, down from $278.6 million, or 59 cents per share, a year earlier.

Excluding items, Restaurant Brands earned 55 cents per share, missing the 58 cents per share expected by analysts surveyed by Refinitiv.

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 /  🏆 12. in SA
 

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no surprise, I have complained about food prep workers wearing their gloves at their station --away from their station ---touching their face, their clothes and never change them...as if theyre for THEIR protection and not MINE....filthy practice...

Good. We need to completely transform the economy in order to survive.

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