Fast-food company Restaurant Brands (NYSE:QSR) will be announcing earnings results tomorrow before the bell. Here’s what to look for.

Restaurant Brands met analysts’ revenue expectations last quarter, reporting revenues of $2.30 billion, up 26.2% year on year. It was a slower quarter for the company, with a miss of analysts’ EPS estimates.

Is Restaurant Brands a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Restaurant Brands’s revenue to grow 23.5% year on year to $2.15 billion, improving from the 9.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.78 per share.Restaurant Brands Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Restaurant Brands has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Restaurant Brands’s peers in the traditional fast food segment, some have already reported their Q1 results, giving us a hint as to what we can expect. El Pollo Loco delivered year-on-year revenue growth of 2.6%, beating analysts’ expectations by 0.6%, and Portillo's reported revenues up 6.4%, falling short of estimates by 2.4%. El Pollo Loco traded down 3.8% following the results.

Read our full analysis of El Pollo Loco’s results here and Portillo’s results here.

There has been positive sentiment among investors in the traditional fast food segment, with share prices up 11.3% on average over the last month. Restaurant Brands is up 12.9% during the same time and is heading into earnings with an average analyst price target of $75.95 (compared to the current share price of $67.77).

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