Restaurant Brands: 4th quarter earnings snapshot

TORONTO — Restaurant Brands International today reported fourth-quarter net income of $91 million.

The Toronto-based company said it had profit of 30 cents per share. Earnings, adjusted to extinguish debt and for non-recurring costs, came to 53 cents per share.

The results missed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.

The operator of Burger King and Tim Hortons restaurant chains posted revenue of $1.36 billion in the period, which topped Street forecasts. Eight analysts surveyed by Zacks expected $1.34 billion.

Restaurant Brands shares have decreased nearly 2% since the beginning of the year. The stock has decreased slightly more than 8% in the past 12 months.