Equities analysts expect Restaurant Brands International (NYSE:QSR) (TSE:QSR) to report earnings of $0.56 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Restaurant Brands International’s earnings. The highest EPS estimate is $0.61 and the lowest is $0.53. Restaurant Brands International reported earnings of $0.36 per share during the same quarter last year, which indicates a positive year over year growth rate of 55.6%. The firm is scheduled to report its next quarterly earnings results before the market opens on Tuesday, April 24th.
According to Zacks, analysts expect that Restaurant Brands International will report full-year earnings of $2.65 per share for the current fiscal year, with EPS estimates ranging from $2.54 to $2.76. For the next year, analysts expect that the firm will post earnings of $2.92 per share, with EPS estimates ranging from $2.77 to $3.02. Zacks Investment Research’s EPS calculations are an 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, February 12th. The restaurant operator reported $0.66 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.57 by $0.09. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.25 billion. Restaurant Brands International had a net margin of 12.70% and a return on equity of 24.56%. The business’s revenue was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.44 EPS.
Restaurant Brands International stock traded down $0.23 on Thursday, reaching $54.83. 1,680,346 shares of the stock were exchanged, compared to its average volume of 1,789,489. The firm has a market cap of $13,274.99, a price-to-earnings ratio of 26.07, a P/E/G ratio of 1.39 and a beta of 1.47. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.06 and a quick ratio of 1.01. Restaurant Brands International has a twelve month low of $53.57 and a twelve month high of $68.89.
The business also recently disclosed a quarterly dividend, which was paid on Monday, April 2nd. Stockholders of record on Thursday, March 15th were issued a dividend of $0.45 per share. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.21. The ex-dividend date was Wednesday, March 14th. This represents a $1.80 annualized dividend and a dividend yield of 3.28%. Restaurant Brands International’s payout ratio is presently 85.71%.
In related news, insider Alexandre Macedo sold 51,870 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $59.31, for a total value of $3,076,409.70. Following the sale, the insider now owns 92,192 shares of the company’s stock, valued at $5,467,907.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Ali Hedayat bought 5,000 shares of the stock in a transaction that occurred on Wednesday, February 14th. The stock was acquired at an average cost of $58.00 per share, for a total transaction of $290,000.00. Following the purchase, the director now owns 37,592 shares of the company’s stock, valued at $2,180,336. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 471,676 shares of company stock worth $27,885,174. Insiders own 3.05% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of QSR. Bank of New York Mellon Corp increased its stake in Restaurant Brands International by 1.7% in the third quarter. Bank of New York Mellon Corp now owns 302,910 shares of the restaurant operator’s stock valued at $19,350,000 after acquiring an additional 4,963 shares during the period. Wells Fargo & Company MN increased its stake in Restaurant Brands International by 29.3% in the third quarter. Wells Fargo & Company MN now owns 326,621 shares of the restaurant operator’s stock valued at $20,864,000 after acquiring an additional 74,074 shares during the period. Dimensional Fund Advisors LP increased its stake in Restaurant Brands International by 13.5% in the third quarter. Dimensional Fund Advisors LP now owns 13,449 shares of the restaurant operator’s stock valued at $859,000 after acquiring an additional 1,599 shares during the period. Allianz Asset Management GmbH increased its stake in Restaurant Brands International by 80.4% in the third quarter. Allianz Asset Management GmbH now owns 92,233 shares of the restaurant operator’s stock valued at $5,879,000 after acquiring an additional 41,096 shares during the period. Finally, AMP Capital Investors Ltd increased its stake in Restaurant Brands International by 1.6% in the third quarter. AMP Capital Investors Ltd now owns 84,699 shares of the restaurant operator’s stock valued at $5,398,000 after acquiring an additional 1,300 shares during the period. 78.11% of the stock is currently owned by institutional investors and hedge funds.
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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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