Restaurant Brands International (QSR) Scheduled to Post Earnings on Tuesday

Restaurant Brands International (NYSE:QSR) (TSE:QSR) will announce 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 that wish to register for the company’s conference call can do so using this link.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last posted its quarterly earnings results on Tuesday, February 13th. The restaurant operator reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.02. Restaurant Brands International had a net margin of 16.95% and a return on equity of 32.20%. The firm had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.80 billion. During the same period last year, the firm posted $0.72 earnings per share. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. 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

Restaurant Brands International stock opened at $73.82 on Friday. Restaurant Brands International has a 12-month low of $61.77 and a 12-month high of $83.29. The stock has a market cap of $23.36 billion, a P/E ratio of 19.58, a PEG ratio of 2.16 and a beta of 0.91. The company has a 50-day moving average price of $76.72 and a 200 day moving average price of $74.28. The company has a current ratio of 1.01, a quick ratio of 0.94 and a debt-to-equity ratio of 2.78.

Restaurant Brands International Increases Dividend

The company also recently disclosed 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. 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%. The ex-dividend date was Wednesday, March 20th. Restaurant Brands International’s dividend payout ratio (DPR) is presently 61.54%.

Wall Street Analysts Forecast Growth

QSR has been the subject of a number of recent analyst reports. Stephens reiterated 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. Royal Bank of Canada decreased their price target on shares of Restaurant Brands International from $91.00 to $90.00 and set an “outperform” rating for the company in a research note on Wednesday, February 14th. Evercore lifted their price target on shares of Restaurant Brands International from $88.00 to $93.00 and gave the stock a “buy” rating in a research note on Wednesday, February 28th. Guggenheim lifted their price target on shares of Restaurant Brands International from $70.00 to $74.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 14th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Restaurant Brands International from $78.00 to $82.00 and gave the stock an “overweight” rating in a research report on Friday, February 16th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eighteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $82.25.

Insider Buying and Selling

In other Restaurant Brands International news, CEO Joshua Kobza sold 36,371 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 value of $2,773,652.46. Following the sale, the chief executive officer now directly owns 471,746 shares in the company, valued at $35,975,349.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other 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 directly owns 55,863 shares of the company’s stock, valued at $4,260,112.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Joshua Kobza sold 36,371 shares of Restaurant Brands International stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $76.26, for a total value of $2,773,652.46. Following the transaction, the chief executive officer now directly owns 471,746 shares in the company, valued at $35,975,349.96. The disclosure for this sale can be found here. Insiders have sold 380,200 shares of company stock worth $28,828,182 over the last ninety days. 1.25% of the stock is owned by 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.