Restaurant Brands International (QSR) Set to Announce Quarterly Earnings on Monday

Restaurant Brands International (TSE:QSR) (NYSE:QSR) is scheduled to be announcing its earnings results before the market opens on Monday, February 12th. Analysts expect the company to announce earnings of C$0.72 per share for the quarter.

Shares of Restaurant Brands International (TSE:QSR) traded down C$3.25 during trading hours on Thursday, reaching C$71.25. The company’s stock had a trading volume of 1,074,062 shares, compared to its average volume of 573,123. The stock has a market capitalization of $33,820.00, a PE ratio of 78.10 and a beta of 1.14. Restaurant Brands International has a fifty-two week low of C$66.43 and a fifty-two week high of C$88.36.

Several research analysts have issued reports on QSR shares. Royal Bank of Canada raised their target price on Restaurant Brands International to C$97.00 and gave the stock an “outperform” rating in a research report on Monday, October 23rd. BMO Capital Markets set a C$72.00 target price on Restaurant Brands International and gave the stock an “outperform” rating in a research report on Thursday, February 1st. Evercore reissued an “outperform” rating on shares of Restaurant Brands International in a research report on Tuesday, December 12th. Finally, Evercore ISI reaffirmed an “outperform” rating on shares of Restaurant Brands International in a research report on Tuesday, December 12th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of C$83.50.

In other news, insider José E. Cil sold 20,449 shares of Restaurant Brands International stock in a transaction dated 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. Also, insider José E. Cil sold 38,480 shares of Restaurant Brands International stock in a transaction dated Monday, November 13th. The shares were sold at an average price of C$65.00, for a total value of C$2,501,200.00.

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Restaurant Brands International Company Profile

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.

Earnings History for Restaurant Brands International (TSE:QSR)

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