Wall Street Optimistic About Restaurant Brands International (QSR)

Reported 1 day ago

Restaurant Brands International Inc. (NYSE:QSR) has garnered positive attention from Wall Street after its second-quarter financial results exceeded revenue expectations, reporting $2.41 billion, a 15.87% increase year-over-year. Although its EPS of $0.94 slightly missed analysts' projections, overall growth remained strong, with management optimistic about reaching over 8% organic growth in Adjusted Operating Income for the year. Analysts, including those from Truist Financial and Guggenheim, have reiterated buy ratings on the stock, signaling confidence in its future performance.

Source: YAHOO

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