Restaurant Brands International Inc. (TSE:QSR – Get Rating) (NYSE:QSR) – Research analysts at Oppenheimer lowered their Q4 2022 earnings per share (EPS) estimates for Restaurant Brands International in a note issued to investors on Monday, April 25th. Oppenheimer analyst B. Bittner now anticipates that the company will post earnings of $1.02 per share for the quarter, down from their previous forecast of $1.03. Oppenheimer currently has a “Buy” rating and a $70.00 target price on the stock.
Restaurant Brands International (TSE:QSR – Get Rating) (NYSE:QSR) last issued its earnings results on Tuesday, February 15th. The company reported C$0.93 earnings per share for the quarter, topping the Zacks’ consensus estimate of C$0.87 by C$0.06. The firm had revenue of C$1.95 billion for the quarter, compared to analyst estimates of C$1.87 billion.
TSE:QSR opened at C$74.72 on Tuesday. Restaurant Brands International has a one year low of C$68.17 and a one year high of C$87.32. The company has a market cap of C$23.14 billion and a P/E ratio of 22.03. The firm’s fifty day moving average price is C$73.01 and its two-hundred day moving average price is C$73.43. The company has a debt-to-equity ratio of 383.47, a current ratio of 0.97 and a quick ratio of 0.87.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 6th. Shareholders of record on Wednesday, March 23rd were issued a dividend of $0.686 per share. This represents a $2.74 dividend on an annualized basis and a dividend yield of 3.67%. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.67. The ex-dividend date was Tuesday, March 22nd. Restaurant Brands International’s dividend payout ratio is presently 62.50%.
About Restaurant Brands International (Get Rating)
Restaurant Brands International Inc operates as quick service restaurant company in Canada 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 others.
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