Equities analysts expect Restaurant Brands International Inc (NYSE:QSR) (TSE:QSR) to announce $0.58 earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Restaurant Brands International’s earnings, with the lowest EPS estimate coming in at $0.49 and the highest estimate coming in at $0.66. Restaurant Brands International reported earnings of $0.44 per share during the same quarter last year, which would indicate a positive year over year growth rate of 31.8%. The firm is expected to announce its next quarterly earnings results on Monday, February 12th.

On average, analysts expect that Restaurant Brands International will report full year earnings of $2.00 per share for the current financial year, with EPS estimates ranging from $1.93 to $2.10. For the next year, analysts expect that the company will report earnings of $2.68 per share, with EPS estimates ranging from $2.58 to $2.87. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Restaurant Brands International.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its quarterly earnings results on Thursday, October 26th. The restaurant operator reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.09. The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.21 billion. Restaurant Brands International had a return on equity of 23.53% and a net margin of 12.40%. The company’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.43 earnings per share.

A number of research firms have recently issued reports on QSR. UBS Group set a $74.00 price objective on Restaurant Brands International and gave the company a “buy” rating in a research report on Tuesday, January 16th. Zacks Investment Research upgraded Restaurant Brands International from a “hold” rating to a “buy” rating and set a $72.00 price objective on the stock in a research report on Friday, January 5th. Evercore ISI began coverage on Restaurant Brands International in a research report on Monday, December 11th. They set an “outperform” rating and a $75.00 price objective on the stock. Citigroup boosted their price objective on Restaurant Brands International from $71.00 to $78.00 and gave the company a “buy” rating in a research report on Monday, November 6th. Finally, Wells Fargo & Co boosted their price objective on Restaurant Brands International from $60.00 to $68.00 and gave the company a “market perform” rating in a research report on Friday, October 27th. Five analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $70.00.

Restaurant Brands International (QSR) traded down $0.53 on Thursday, hitting $61.58. The stock had a trading volume of 1,449,389 shares, compared to its average volume of 1,233,109. The company has a market capitalization of $14,627.28, a PE ratio of 42.47, a PEG ratio of 1.41 and a beta of 1.69. The company has a current ratio of 3.45, a quick ratio of 3.38 and a debt-to-equity ratio of 2.70. Restaurant Brands International has a 1-year low of $47.75 and a 1-year high of $68.89.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 3rd. Shareholders of record on Friday, December 15th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 1.36%. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Thursday, December 14th. Restaurant Brands International’s dividend payout ratio is 57.93%.

In other Restaurant Brands International news, major shareholder Restaurant Brands Holdings 3G sold 4,050,594 shares of the company’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $64.70, for a total value of $262,073,431.80. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Ali Hedayat purchased 5,000 shares of the stock in a transaction on Monday, October 30th. The stock was bought at an average price of $64.58 per share, for a total transaction of $322,900.00. Following the completion of the transaction, the director now directly owns 30,966 shares of the company’s stock, valued at $1,999,784.28. The disclosure for this purchase can be found here. Insiders sold 5,056,166 shares of company stock worth $327,220,722 over the last quarter. Company insiders own 3.05% of the company’s stock.

Several hedge funds have recently made changes to their positions in QSR. FMR LLC grew its holdings in shares of Restaurant Brands International by 10.9% during the second quarter. FMR LLC now owns 15,492,590 shares of the restaurant operator’s stock worth $969,362,000 after purchasing an additional 1,528,447 shares during the last quarter. Point72 Asset Management L.P. grew its holdings in shares of Restaurant Brands International by 3,083.6% during the third quarter. Point72 Asset Management L.P. now owns 1,257,541 shares of the restaurant operator’s stock worth $80,332,000 after purchasing an additional 1,218,041 shares during the last quarter. Argent Capital Management LLC bought a new stake in shares of Restaurant Brands International during the third quarter worth $33,235,000. Balyasny Asset Management LLC bought a new stake in shares of Restaurant Brands International during the second quarter worth $29,644,000. Finally, Suvretta Capital Management LLC grew its holdings in shares of Restaurant Brands International by 12.1% during the third quarter. Suvretta Capital Management LLC now owns 3,861,310 shares of the restaurant operator’s stock worth $246,660,000 after purchasing an additional 415,540 shares during the last quarter. Institutional investors own 78.35% of the company’s stock.

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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.

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