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Restaurant Brands: falls (well) below consensus in Q4

(CercleFinance.com) - Restaurant Brands, which includes the hamburger giant, Burger King, had a difficult end to the year, reflected in its Q4 results, which came in well below market expectations.

Although the group saw its EPS triple year-on-year, reaching 1.5 dollars, adjusted EPS were just 66 cents, 6 cents below the consensus.

Revenues increased by a lot less than expected, rising from 1.111 billion dollars to 1.234 billion dollars, against the consensus of 1.575 billion dollars.

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