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

Restaurant Brands International (TSE:QSR) (NYSE:QSR) will issue its quarterly earnings data before the market opens on Friday, August 2nd. Analysts expect the company to announce earnings of C$0.90 per share for the quarter.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last released its earnings results on Monday, April 29th. The company reported C$0.73 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.78 by C($0.05). The business had revenue of C$1.67 billion for the quarter, compared to the consensus estimate of C$1.67 billion.

TSE:QSR opened at C$97.20 on Thursday. The stock has a market cap of $25.01 billion and a price-to-earnings ratio of 41.27. The company has a debt-to-equity ratio of 355.45, a quick ratio of 1.00 and a current ratio of 1.10. The company has a 50-day moving average price of C$93.51. Restaurant Brands International has a 12-month low of C$68.34 and a 12-month high of C$99.65.

In other Restaurant Brands International news, Senior Officer José E. Cil sold 4,507 shares of the company’s stock in a transaction dated Tuesday, May 28th. The shares were sold at an average price of C$90.13, for a total value of C$406,214.11. Following the transaction, the insider now directly owns 523,659 shares in the company, valued at approximately C$47,197,176.21.

Separately, BMO Capital Markets upped their target price on shares of Restaurant Brands International from C$71.00 to C$76.00 in a report on Thursday, May 23rd.

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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Earnings History for Restaurant Brands International (TSE:QSR)

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