Restaurant Brands International Inc to Post Q1 2020 Earnings of $0.81 Per Share, Oppenheimer Forecasts (TSE:QSR)

Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) – Analysts at Oppenheimer raised their Q1 2020 EPS estimates for shares of Restaurant Brands International in a research note issued to investors on Monday, February 10th. Oppenheimer analyst B. Bittner now expects that the company will earn $0.81 per share for the quarter, up from their previous forecast of $0.80. Oppenheimer also issued estimates for Restaurant Brands International’s FY2020 earnings at $3.96 EPS.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last posted its quarterly earnings data on Monday, February 10th. The company reported C$0.99 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.95 by C$0.04. The firm had revenue of C$1.95 billion for the quarter, compared to analyst estimates of C$1.91 billion.

A number of other equities research analysts have also recently commented on QSR. Royal Bank of Canada restated an “outperform” rating and issued a C$77.00 price target on shares of Restaurant Brands International in a report on Tuesday, December 10th. Sanford C. Bernstein raised their price target on shares of Restaurant Brands International from C$115.00 to C$117.00 in a report on Tuesday.

QSR opened at C$89.11 on Thursday. Restaurant Brands International has a twelve month low of C$80.41 and a twelve month high of C$105.93. The company has a quick ratio of 1.01, a current ratio of 1.09 and a debt-to-equity ratio of 345.14. The company has a fifty day moving average of C$83.55 and a 200-day moving average of C$90.71. The stock has a market cap of $26.23 billion and a PE ratio of 36.21.

About Restaurant Brands International

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.

See Also: Why is cost of goods sold important?

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.

Latest News