Restaurant Brands International (NYSE:QSR) (TSE:QSR) posted its earnings results on Monday. The restaurant operator reported $0.68 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.67 by $0.01, Morningstar.com reports. Restaurant Brands International had a net margin of 12.76% and a return on equity of 28.42%. The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter last year, the firm earned $0.66 EPS. The company’s quarterly revenue was up 12.2% compared to the same quarter last year.
QSR opened at $62.70 on Monday. The firm has a market cap of $15.77 billion, a PE ratio of 29.86, a PEG ratio of 1.85 and a beta of 1.44. The company has a quick ratio of 1.27, a current ratio of 1.34 and a debt-to-equity ratio of 2.73. Restaurant Brands International has a one year low of $50.20 and a one year high of $65.17.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 3rd. Stockholders of record on Friday, March 15th will be given a dividend of $0.50 per share. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date of this dividend is Thursday, March 14th. Restaurant Brands International’s payout ratio is 85.71%.
Several equities analysts have commented on the stock. ValuEngine raised shares of Restaurant Brands International from a “hold” rating to a “buy” rating in a research report on Thursday, January 24th. BMO Capital Markets raised shares of Restaurant Brands International from a “market perform” rating to an “outperform” rating and set a $63.11 target price on the stock in a research report on Wednesday, January 23rd. Wells Fargo & Co dropped their target price on shares of Restaurant Brands International from $69.00 to $63.00 and set a “market perform” rating on the stock in a research report on Tuesday, October 16th. Zacks Investment Research upgraded shares of Restaurant Brands International from a “sell” rating to a “hold” rating in a research note on Monday, December 3rd. Finally, UBS Group set a $74.00 price target on shares of Restaurant Brands International and gave the stock a “buy” rating in a research note on Thursday, October 18th. One research analyst has rated the stock with a sell rating, two have given a hold rating and thirteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $68.27.
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Restaurant Brands International Company Profile
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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