Zacks Research Issues Positive Outlook for TSE:QSR Earnings

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) – Stock analysts at Zacks Research increased their FY2024 earnings estimates for Restaurant Brands International in a research report issued to clients and investors on Tuesday, November 19th. Zacks Research analyst M. Kaushik now anticipates that the company will post earnings per share of $4.63 for the year, up from their previous estimate of $4.42. The consensus estimate for Restaurant Brands International’s current full-year earnings is $7.32 per share. Zacks Research also issued estimates for Restaurant Brands International’s Q4 2024 earnings at $1.10 EPS, Q3 2025 earnings at $1.44 EPS, Q4 2025 earnings at $1.22 EPS, FY2025 earnings at $5.13 EPS and Q1 2026 earnings at $1.23 EPS.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last issued its quarterly earnings results on Tuesday, November 5th. The company reported C$1.27 earnings per share for the quarter, missing analysts’ consensus estimates of C$1.29 by C($0.02). Restaurant Brands International had a return on equity of 37.74% and a net margin of 16.99%. The business had revenue of C$3.13 billion for the quarter, compared to analyst estimates of C$3.15 billion.

Restaurant Brands International Stock Up 0.4 %

Shares of Restaurant Brands International stock opened at C$97.46 on Friday. The firm has a market cap of C$31.54 billion, a price-to-earnings ratio of 17.72, a PEG ratio of 2.22 and a beta of 0.95. The stock’s 50-day moving average is C$96.56 and its 200 day moving average is C$96.22. The company has a debt-to-equity ratio of 322.48, a current ratio of 0.78 and a quick ratio of 0.80. Restaurant Brands International has a one year low of C$90.21 and a one year high of C$112.12.

Restaurant Brands International Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 20th will be given a dividend of $0.785 per share. This represents a $3.14 annualized dividend and a dividend yield of 3.22%. The ex-dividend date is Friday, December 20th. Restaurant Brands International’s dividend payout ratio (DPR) is 57.09%.

Insider Activity

In other news, Director Vicente Tome sold 1,990 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of C$96.66, for a total value of C$192,345.44. 1.24% of the stock is currently owned by company insiders.

About Restaurant Brands International

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.