$0.72 EPS Expected for Restaurant Brands International Inc (NYSE:QSR) This Quarter

Brokerages expect that Restaurant Brands International Inc (NYSE:QSR) (TSE:QSR) will post $0.72 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Eight analysts have made estimates for Restaurant Brands International’s earnings, with the lowest EPS estimate coming in at $0.70 and the highest estimate coming in at $0.75. Restaurant Brands International reported earnings of $0.68 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 5.9%. The firm is scheduled to issue its next quarterly earnings report on Monday, February 10th.

According to Zacks, analysts expect that Restaurant Brands International will report full year earnings of $2.69 per share for the current fiscal year, with EPS estimates ranging from $2.63 to $2.73. For the next fiscal year, analysts forecast that the business will post earnings of $2.97 per share, with EPS estimates ranging from $2.85 to $3.07. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Restaurant Brands International.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its earnings results on Monday, October 28th. The restaurant operator reported $0.72 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.72. The firm had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.46 billion. Restaurant Brands International had a return on equity of 32.20% and a net margin of 11.64%. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.53 earnings per share.

QSR has been the subject of a number of research analyst reports. KeyCorp cut their target price on Restaurant Brands International from $85.00 to $78.00 and set an “overweight” rating for the company in a research report on Wednesday, October 30th. SunTrust Banks upped their target price on Restaurant Brands International to $86.00 and gave the stock a “buy” rating in a research report on Monday, August 5th. Longbow Research upgraded Restaurant Brands International from an “underperform” rating to a “neutral” rating in a research report on Monday, September 30th. Deutsche Bank cut their target price on Restaurant Brands International from $73.00 to $71.00 and set a “hold” rating for the company in a research report on Tuesday, October 29th. Finally, Argus began coverage on Restaurant Brands International in a research report on Tuesday, September 17th. They issued a “buy” rating and a $90.00 target price for the company. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $77.53.

In other news, insider Alexandre Macedo sold 166,834 shares of the stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $64.45, for a total value of $10,752,451.30. Following the completion of the sale, the insider now owns 38,525 shares in the company, valued at $2,482,936.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jacqueline Friesner sold 26,392 shares of the stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $77.30, for a total value of $2,040,101.60. Following the completion of the sale, the insider now owns 106,352 shares of the company’s stock, valued at approximately $8,221,009.60. The disclosure for this sale can be found here. Insiders have sold a total of 1,007,128 shares of company stock valued at $75,592,467 in the last quarter. Insiders own 4.13% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in QSR. Massachusetts Financial Services Co. MA increased its stake in shares of Restaurant Brands International by 13.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 277,991 shares of the restaurant operator’s stock worth $19,776,000 after acquiring an additional 33,869 shares during the last quarter. Boston Advisors LLC increased its stake in shares of Restaurant Brands International by 176.8% in the third quarter. Boston Advisors LLC now owns 43,452 shares of the restaurant operator’s stock worth $3,091,000 after acquiring an additional 27,752 shares during the last quarter. Signition LP increased its stake in shares of Restaurant Brands International by 71.4% in the third quarter. Signition LP now owns 15,600 shares of the restaurant operator’s stock worth $1,110,000 after acquiring an additional 6,500 shares during the last quarter. Prime Capital Investment Advisors LLC acquired a new position in shares of Restaurant Brands International in the third quarter worth $30,000. Finally, Tower Research Capital LLC TRC increased its stake in shares of Restaurant Brands International by 807.5% in the third quarter. Tower Research Capital LLC TRC now owns 9,030 shares of the restaurant operator’s stock worth $642,000 after acquiring an additional 8,035 shares during the last quarter. Institutional investors own 66.90% of the company’s stock.

QSR traded down $0.81 during trading on Thursday, reaching $66.48. The stock had a trading volume of 2,418,141 shares, compared to its average volume of 2,027,383. The firm has a market capitalization of $20.06 billion, a price-to-earnings ratio of 25.28, a price-to-earnings-growth ratio of 2.58 and a beta of 1.20. The company has a quick ratio of 1.05, a current ratio of 1.09 and a debt-to-equity ratio of 3.18. Restaurant Brands International has a 1-year low of $50.20 and a 1-year high of $79.46. The stock has a 50 day moving average of $68.60 and a two-hundred day moving average of $70.60.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Tuesday, December 17th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.01%. Restaurant Brands International’s dividend payout ratio (DPR) is presently 76.05%.

About Restaurant Brands International

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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