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Restaurant Brands International Limited Partnership First Quarter 2024 Earnings: EPS: US$0.73 (vs US$0.80 in 1Q 2023)

Restaurant Brands International Limited Partnership (TSE:QSP.UN) First Quarter 2024 Results

Key Financial Results

  • Revenue: US$1.74b (up 9.4% from 1Q 2023).

  • Net income: US$230.0m (down 17% from 1Q 2023).

  • Profit margin: 13% (down from 17% in 1Q 2023). The decrease in margin was driven by higher expenses.

  • EPS: US$0.73 (down from US$0.80 in 1Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Restaurant Brands International Limited Partnership's share price is broadly unchanged from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Restaurant Brands International Limited Partnership (at least 2 which are a bit unpleasant), and understanding them should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.