Restaurant Brands International (QSR) to Release Earnings on Tuesday

Restaurant Brands International (TSE:QSR) (NYSE:QSR) will be posting its quarterly earnings results before the market opens on Tuesday, April 30th. Analysts expect Restaurant Brands International to post earnings of C$0.98 per share for the quarter.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last released its earnings results on Tuesday, February 13th. The company reported C$1.02 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.99 by C$0.03. The firm had revenue of C$2.48 billion for the quarter, compared to the consensus estimate of C$2.44 billion. Restaurant Brands International had a net margin of 16.95% and a return on equity of 38.19%.

Restaurant Brands International Stock Up 2.3 %

TSE:QSR opened at C$100.45 on Tuesday. The firm’s 50-day moving average price is C$104.38 and its 200-day moving average price is C$100.34. The company has a market capitalization of C$31.48 billion, a PE ratio of 19.66, a P/E/G ratio of 2.22 and a beta of 0.92. The company has a debt-to-equity ratio of 305.98, a current ratio of 1.01 and a quick ratio of 0.80. Restaurant Brands International has a 1-year low of C$84.73 and a 1-year high of C$112.12.

Restaurant Brands International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, April 4th were given a $0.779 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.76. This represents a $3.12 dividend on an annualized basis and a dividend yield of 3.10%. Restaurant Brands International’s dividend payout ratio is currently 61.45%.

Insider Buying and Selling

In related news, Director Jonathan Domanko sold 1,320 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of C$104.02, for a total value of C$137,306.40. In other Restaurant Brands International news, Director Jonathan Domanko sold 1,320 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of C$104.02, for a total transaction of C$137,306.40. Also, Director Naira Saeed sold 1,607 shares of the company’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of C$108.81, for a total transaction of C$174,857.67. Insiders have sold a total of 154,525 shares of company stock worth $12,100,550 in the last quarter. Corporate insiders own 1.46% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upped their price target on shares of Restaurant Brands International from C$81.00 to C$90.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 14th.

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.