Restaurant Brands International Inc. Q2 Profit Decreases, Misses Estimates

(RTTNews) - Restaurant Brands International Inc. (QSR) reported earnings for second quarter that Decreased from the same period last year and missed the Street estimates.

The company's bottom line totaled $189 million, or $0.57 per share. This compares with $280 million, or $0.88 per share, last year.

Excluding items, Restaurant Brands International Inc. reported adjusted earnings of $432 million or $0.94 per share for the period.

Analysts on average had expected the company to earn $0.97 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 15.9% to $2.410 billion from $2.080 billion last year.

Restaurant Brands International Inc. earnings at a glance (GAAP) :

-Earnings: $189 Mln. vs. $280 Mln. last year. -EPS: $0.57 vs. $0.88 last year. -Revenue: $2.410 Bln vs. $2.080 Bln last year.