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Restaurant Brands International Is a Buy After Strong Earnings

Aug 12, 2020 - Nasdaq
Financial Results

Restaurant Brands International (NYSE: QSR) reported second-quarter revenue of $1.05 billion last week, roughly in line with consensus estimates. Adjusted earnings per share was $0.33, beating consensus projections of $0.29. The company continues to recover from shutdowns brought on by the coronavirus pandemic, with strength in its drive-thru and take-out business bolstering operations. The quick-service restaurant company, which owns Burger King, Tim Hortons, and Popeyes Louisiana Kitchen, i...