Restaurant Brands International Inc to Post Q3 2019 Earnings of $0.97 Per Share, SunTrust Banks Forecasts (QSR)

Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) – Research analysts at SunTrust Banks lifted their Q3 2019 earnings per share estimates for Restaurant Brands International in a research note issued on Monday, February 11th. SunTrust Banks analyst J. Bartlett now anticipates that the company will post earnings per share of $0.97 for the quarter, up from their previous estimate of $0.96. SunTrust Banks also issued estimates for Restaurant Brands International’s Q4 2020 earnings at $1.13 EPS.

QSR opened at C$85.01 on Wednesday. The company has a debt-to-equity ratio of 275.06, a current ratio of 1.34 and a quick ratio of 1.23. Restaurant Brands International has a 12 month low of C$67.55 and a 12 month high of C$87.10. The stock has a market capitalization of $20.90 billion and a price-to-earnings ratio of 25.23.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 3rd. Investors of record on Friday, March 15th will be given a dividend of $0.50 per share. The ex-dividend date is Thursday, March 14th. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a yield of 2.35%. Restaurant Brands International’s payout ratio is 46.29%.

Restaurant Brands International Company Profile

Restaurant Brands International Inc owns, operates, and franchises quick service restaurants under the Tim Hortons (TH), Burger King (BK), and Popeyes (PLK) brand names. The company operates through three segments: TH, BK, and PLK. Its restaurants offer blend coffee, tea, espresso-based hot and cold specialty drinks, donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, hamburgers, chicken and other specialty sandwiches, french fries, soft drinks, chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other food items.

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Earnings History and Estimates for Restaurant Brands International (TSE:QSR)

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