Oppenheimer Brokers Boost Earnings Estimates for Restaurant Brands International Inc (QSR)

Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) – Oppenheimer increased their FY2018 EPS estimates for shares of Restaurant Brands International in a report issued on Wednesday, January 9th. Oppenheimer analyst B. Bittner now anticipates that the company will earn $3.45 per share for the year, up from their previous forecast of $3.39. Oppenheimer also issued estimates for Restaurant Brands International’s FY2019 earnings at $3.65 EPS and FY2020 earnings at $4.02 EPS.

Restaurant Brands International stock opened at C$73.35 on Friday. Restaurant Brands International has a 12 month low of C$67.55 and a 12 month high of C$85.71. The company has a debt-to-equity ratio of 275.06, a quick ratio of 1.23 and a current ratio of 1.34.



Restaurant Brands International (TSE:QSR) (NYSE:QSR) last posted its earnings results on Wednesday, October 24th. The company reported C$0.82 EPS for the quarter, missing the consensus estimate of C$0.85 by C($0.03). The firm had revenue of C$1.80 billion during the quarter, compared to the consensus estimate of C$1.81 billion.

The business also recently declared a quarterly dividend, which was paid on Friday, January 4th. Investors of record on Monday, December 17th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend was Friday, December 14th. Restaurant Brands International’s dividend payout ratio is currently 46.29%.

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.

Read More: Reverse Stock Split

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

Receive News & Ratings for Restaurant Brands International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restaurant Brands International and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply