Restaurant Brands International Reports Q3 Non-GAAP EPS Beat Amid Revenue Miss
Restaurant Brands International (QSR) reported third-quarter financial results featuring a slight beat on the bottom line with Non-GAAP earnings per share of $1.10, exceeding analyst expectations by $0.02. However, the company's revenue reached $2.53 billion, representing a 3.3% year-over-year increase but falling short of estimates by approximately $20 million. Looking ahead, the company maintained its long-term strategic outlook, stating it remains on track to achieve 8% organic adjusted operating income growth by 2026. The results reflect a mixed performance where profitability exceeded expectations despite top-line revenue missing targets.
Tickers: $QSR