Restaurant Brands International Inc to Post Q1 2018 Earnings of $0.74 Per Share, Oppenheimer Forecasts (QSR)

Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) – Investment analysts at Oppenheimer issued their Q1 2018 earnings estimates for Restaurant Brands International in a note issued to investors on Thursday. Oppenheimer analyst B. Bittner forecasts that the company will post earnings of $0.74 per share for the quarter. Oppenheimer also issued estimates for Restaurant Brands International’s Q2 2018 earnings at $0.90 EPS, Q3 2018 earnings at $0.94 EPS, Q4 2018 earnings at $1.00 EPS and FY2019 earnings at $3.96 EPS.

Several other research analysts have also recently weighed in on QSR. Evercore ISI reiterated an “outperform” rating on shares of Restaurant Brands International in a report on Tuesday, December 12th. Evercore restated an “outperform” rating on shares of Restaurant Brands International in a report on Tuesday, December 12th. Royal Bank of Canada increased their price target on shares of Restaurant Brands International to C$97.00 and gave the company an “outperform” rating in a research note on Monday, October 23rd. Finally, CSFB upgraded shares of Restaurant Brands International from a “neutral” rating to an “outperform” rating in a research note on Thursday, September 7th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of C$81.25.

Shares of Restaurant Brands International (TSE:QSR) traded up C$0.02 during trading hours on Friday, reaching C$79.81. 413,174 shares of the company’s stock traded hands, compared to its average volume of 396,905. Restaurant Brands International has a 1 year low of C$63.18 and a 1 year high of C$88.36. The company has a market capitalization of $35,740.00 and a P/E ratio of 86.75.

In related news, insider José E. Cil sold 39,409 shares of Restaurant Brands International stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of C$66.01, for a total transaction of C$2,601,388.09. Also, insider José E. Cil sold 20,449 shares of Restaurant Brands International stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of C$65.00, for a total transaction of C$1,329,185.00. Over the last ninety days, insiders have sold 109,358 shares of company stock worth $7,159,093.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 3rd. Investors of record on Friday, December 15th were given a dividend of $0.262 per share. This represents a $1.05 dividend on an annualized basis and a yield of 1.31%. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.20. The ex-dividend date was Thursday, December 14th. Restaurant Brands International’s dividend payout ratio (DPR) is currently 80.43%.

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About Restaurant Brands International

Restaurant Brands International Inc is a quick service restaurant (QSR) company. The Company had over 20,000 restaurants in more than 100 countries and the United States territories, as of December 31, 2016. It operates through two segments: Tim Hortons (TH) and Burger King (BK). Tim Hortons restaurants are quick service restaurants with a menu that includes blend coffee, tea, espresso-based hot and cold specialty drinks, baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps and soups, among others.

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