Restaurant Manufacturers (QSR) got here out with quarterly earnings of $0.72 per share, in step wit
Restaurant Manufacturers (QSR) got here out with quarterly earnings of $0.72 per share, in step with the Zacks Consensus Estimate. This compares to earnings of $0.63 per share a yr in the past. These figures are adjusted for non-recurring objects.
1 / 4 in the past, it was anticipated that this operator of Burger King and Tim Hortons restaurant chains would submit earnings of $0.67 per share when it truly produced earnings of $0.71, delivering a shock of 5.97%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates two instances.
Restaurant Manufacturers, which belongs to the Zacks Retail – Eating places business, posted revenues of $1.46 billion for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 0.28%. This compares to year-ago revenues of $1.38 billion. The corporate has topped consensus income estimates thrice over the past 4 quarters.
The sustainability of the inventory’s speedy worth motion primarily based on the recently-released numbers and future earnings…