Restaurant Brands International (QSR) Set to Announce Quarterly Earnings on Tuesday

Restaurant Brands International (TSE:QSR) (NYSE:QSR) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, April 30th. Analysts expect the company to announce earnings of C$0.98 per share for the quarter.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last released its earnings results on Tuesday, February 13th. The company reported C$1.02 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.99 by C$0.03. The firm had revenue of C$2.48 billion during the quarter, compared to the consensus estimate of C$2.44 billion. Restaurant Brands International had a return on equity of 38.19% and a net margin of 16.95%.

Restaurant Brands International Stock Performance

QSR opened at C$100.91 on Monday. The company has a market capitalization of C$31.62 billion, a price-to-earnings ratio of 19.75, a price-to-earnings-growth ratio of 2.22 and a beta of 0.92. The company has a debt-to-equity ratio of 305.98, a current ratio of 1.01 and a quick ratio of 0.80. Restaurant Brands International has a 1-year low of C$84.73 and a 1-year high of C$112.12. The business has a 50 day moving average price of C$104.21 and a two-hundred day moving average price of C$100.74.

Restaurant Brands International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, April 4th were given a $0.779 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 3.09%. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.76. The ex-dividend date was Wednesday, March 20th. Restaurant Brands International’s dividend payout ratio is 61.45%.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada increased their price objective on Restaurant Brands International from C$81.00 to C$90.00 and gave the company an “outperform” rating in a research report on Wednesday, February 14th.

Insider Transactions at Restaurant Brands International

In other news, Senior Officer Jill Granat sold 80,332 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of C$76.20, for a total transaction of C$6,121,298.40. In other news, Director Jonathan Domanko sold 1,320 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of C$104.02, for a total value of C$137,306.40. Also, Senior Officer Jill Granat sold 80,332 shares of the stock in a transaction on Monday, February 26th. The shares were sold at an average price of C$76.20, for a total value of C$6,121,298.40. Insiders sold a total of 154,525 shares of company stock valued at $12,100,550 in the last three months. 1.46% of the stock is currently owned by corporate insiders.

Restaurant Brands International Company Profile

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.