Restaurant Brands International (QSR) to Release Quarterly Earnings on Tuesday

Restaurant Brands International (NYSE:QSR) (TSE:QSR) will be announcing its earnings results before the market opens on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.73 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last posted its quarterly earnings data on Tuesday, February 13th. The restaurant operator reported $0.75 EPS for the quarter, beating the consensus estimate of $0.73 by $0.02. The business had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.80 billion. Restaurant Brands International had a net margin of 16.95% and a return on equity of 32.20%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.72 EPS. On average, analysts expect Restaurant Brands International to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Restaurant Brands International Price Performance

Shares of NYSE QSR opened at $73.82 on Monday. The company has a debt-to-equity ratio of 2.78, a current ratio of 1.01 and a quick ratio of 0.94. The business has a 50-day moving average of $76.72 and a 200-day moving average of $74.35. The stock has a market capitalization of $23.36 billion, a price-to-earnings ratio of 19.58, a PEG ratio of 2.19 and a beta of 0.91. Restaurant Brands International has a fifty-two week low of $61.77 and a fifty-two week high of $83.29.

Restaurant Brands International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Thursday, March 21st were given a dividend of $0.58 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.55. This represents a $2.32 annualized dividend and a yield of 3.14%. Restaurant Brands International’s dividend payout ratio is 61.54%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Scotiabank reduced their price target on Restaurant Brands International from $81.00 to $80.00 and set an “outperform” rating for the company in a research report on Wednesday, February 14th. Citigroup reduced their price target on Restaurant Brands International from $81.00 to $78.00 and set a “neutral” rating for the company in a research report on Tuesday, April 16th. TD Securities reduced their price target on Restaurant Brands International from $90.00 to $84.00 and set a “buy” rating for the company in a research report on Friday, April 12th. TD Cowen reissued a “buy” rating and set a $90.00 price target on shares of Restaurant Brands International in a research report on Wednesday, April 10th. Finally, Stephens reissued an “equal weight” rating and set a $75.00 price target on shares of Restaurant Brands International in a research report on Tuesday, February 13th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eighteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $82.25.

Insiders Place Their Bets

In other Restaurant Brands International news, insider David Chan Shear sold 17,556 shares of the firm’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $76.26, for a total transaction of $1,338,820.56. Following the transaction, the insider now owns 210,535 shares in the company, valued at approximately $16,055,399.10. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other Restaurant Brands International news, CFO Matthew Dunnigan sold 14,565 shares of the firm’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $76.26, for a total transaction of $1,110,726.90. Following the transaction, the chief financial officer now owns 55,863 shares in the company, valued at approximately $4,260,112.38. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider David Chan Shear sold 17,556 shares of the firm’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $76.26, for a total value of $1,338,820.56. Following the completion of the sale, the insider now directly owns 210,535 shares in the company, valued at approximately $16,055,399.10. The disclosure for this sale can be found here. Insiders have sold a total of 380,200 shares of company stock worth $28,828,182 in the last 90 days. Company insiders own 1.25% of the company’s stock.

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.