Burger King Impresses Investors as Public Company (Again)

An IPO company has delivered a bumper quarterly result, and its shares are up 2.5 percent after the issue. That’s saying a lot in these troubled times for newly listed public companies.

Burger King Worldwide Inc (NYSE:BKW) rode a huge expansion in its menu to a quarterly profit that vaulted 60 percent. It went public just last month.

Net earnings rose to $48.2 million (14 cents a share) compared to $30.2 million (9 cents a share) last year, and beat the consensus estimate of $45.6 million (13 cents a share).

Total revenues however,...