Restaurant Brands International Inc. said Thursday it had net income of $90.9 million, or 38 cents a share, in the second quarter, up from $11 million, or 5 cents a share, in the year-earlier period. Adjusted per-share earnings came to 41 cents, above the FactSet consensus of 35 cents. Revenue edged down to $1.040 billion from $1.042 billion, just below the FactSet consensus of $1.05 billion. Shares were not yet active in premarket trade, but are up about 20% in the year so far, while the S&P 500 has gained about 6%.
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