Restaurant Brands International (TSE:QSR) Posts Earnings Results

Restaurant Brands International (TSE:QSR) (NYSE:QSR) issued its earnings results on Thursday. The company reported C$1.32 EPS for the quarter, FiscalAI reports. Restaurant Brands International had a net margin of 16.02% and a return on equity of 41.85%. The company had revenue of C$3.38 billion for the quarter.

Restaurant Brands International Price Performance

TSE QSR traded down C$5.00 on Thursday, hitting C$91.29. 641,236 shares of the company were exchanged, compared to its average volume of 970,574. The firm has a 50 day moving average of C$95.25 and a two-hundred day moving average of C$93.49. The company has a market cap of C$31.54 billion, a P/E ratio of 32.60, a P/E/G ratio of 2.22 and a beta of 0.25. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 494.65. Restaurant Brands International has a 1-year low of C$83.32 and a 1-year high of C$102.75.

Restaurant Brands International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Tuesday, January 6th were issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, December 23rd. Restaurant Brands International’s payout ratio is currently 87.14%.

Analyst Ratings Changes

Separately, Argus raised shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Restaurant Brands International Company Profile

Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton’s supply chain operations. Formed in 2014 after 3G Capital’s acquisition of Tim Horton’s International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton’s (5,300 units), and Popeyes Louisiana Kitchen (3,700 units).