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.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
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.
Copyright (c) 2018 CercleFinance.com. All rights reserved.