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Restaurant Brands International ( QSR ) reported better-than-expected fourth-quarter results Wednesday, sending shares higher in premarket trading.

The parent company of Burger King, Tim Hortons, and Popeyes reported adjusted earnings per share (EPS) of $0.81 on revenue of $2.3 billion. Analysts had expected $0.50 and $2.29 billion, respectively, according to estimates compiled by Visible Alpha.

The fast-food giant's comparable sales grew 2.5%, better than the 1.59% growth that analysts had expected.

Shares of Restaurant Brands International rose 3% immediately following the report's release. They entered the day down about 13% over the last 12 months.

The company's results come two days after those of rival McDonald's ( MCD ), which topped estimates as global comparable sales unexpectedly returned to growth .

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