Restaurant Brands reports Q3 adjusted EPS $1.03, consensus $1.00

Reports Q3 revenue $2.45B, consensus $2.39B. Reports Q3 comparable sales up 4%. Josh Kobza, CEO of RBI commented, “Our teams delivered a strong quarter, driven by momentum from Tim Hortons and our International business, which together generate roughly 70% of our earnings. Burger King also had a great quarter, outperforming most of the industry through consistent and disciplined execution of our plan. Across our businesses, our franchisees are more aligned than ever, and that partnership, combined with disciplined execution, has us firmly on track to deliver at least 8% organic Adjusted Operating Income growth this year.”