FY2018 Earnings Forecast for Restaurant Brands International Inc (QSR) Issued By KeyCorp

Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) – Equities research analysts at KeyCorp increased their FY2018 earnings per share (EPS) estimates for shares of Restaurant Brands International in a research report issued on Wednesday, October 24th. KeyCorp analyst E. Gonzalez now forecasts that the company will post earnings of $3.44 per share for the year, up from their previous forecast of $3.39. KeyCorp also issued estimates for Restaurant Brands International’s Q4 2018 earnings at $0.87 EPS, Q3 2019 earnings at $0.94 EPS, Q4 2019 earnings at $1.01 EPS, FY2019 earnings at $3.61 EPS, Q1 2020 earnings at $0.81 EPS, Q2 2020 earnings at $1.00 EPS, Q3 2020 earnings at $1.06 EPS and FY2020 earnings at $4.00 EPS.

QSR stock opened at C$72.50 on Friday. Restaurant Brands International has a fifty-two week low of C$67.55 and a fifty-two week high of C$85.71.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last posted its earnings results on Wednesday, August 1st. The company reported C$0.85 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.82 by C$0.03. Restaurant Brands International had a return on equity of 72.64% and a net margin of 46.86%. The company had revenue of C$1.73 billion for the quarter, compared to the consensus estimate of C$1.81 billion.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 4th. Shareholders of record on Monday, December 17th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date of this dividend is Friday, December 14th.

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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Earnings History and Estimates for Restaurant Brands International (TSE:QSR)

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