Restaurant Brands International (QSR) to Release Earnings on Tuesday

Restaurant Brands International (TSE:QSR) (NYSE:QSR) is set to release its earnings data before the market opens on Tuesday, April 30th. Analysts expect Restaurant Brands International to post 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 (EPS) for the quarter, topping the consensus estimate of C$0.99 by C$0.03. Restaurant Brands International had a return on equity of 38.19% and a net margin of 16.95%. The business had revenue of C$2.48 billion for the quarter, compared to analyst estimates of C$2.44 billion.

Restaurant Brands International Stock Performance

QSR opened at C$100.45 on Tuesday. Restaurant Brands International has a 52-week low of C$84.73 and a 52-week high of C$112.12. The firm has a market capitalization of C$31.48 billion, a PE ratio of 19.66, a PEG ratio of 2.22 and a beta of 0.92. The company has a debt-to-equity ratio of 305.98, a quick ratio of 0.80 and a current ratio of 1.01. The business’s 50-day simple moving average is C$104.38 and its 200 day simple moving average is C$100.34.

Restaurant Brands International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Thursday, April 4th were issued a dividend of $0.779 per share. This represents a $3.12 annualized dividend and a yield of 3.10%. The ex-dividend date of this dividend was Wednesday, March 20th. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.76. Restaurant Brands International’s dividend payout ratio is presently 61.45%.

Insider Activity at Restaurant Brands International

In related news, Senior Officer Jill Granat sold 80,332 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of C$76.20, for a total transaction of C$6,121,298.40. In other Restaurant Brands International news, Senior Officer Jill Granat sold 80,332 shares of the company’s stock in a transaction that occurred 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. Also, Director Jonathan Domanko sold 1,320 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of C$104.02, for a total transaction of C$137,306.40. Over the last ninety days, insiders sold 154,525 shares of company stock worth $12,100,550. Company insiders own 1.46% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.