FY2024 EPS Estimates for TSE:QSR Lifted by Zacks Research

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) – Equities researchers at Zacks Research lifted their FY2024 earnings per share (EPS) estimates for shares of Restaurant Brands International in a research report issued to clients and investors on Tuesday, November 19th. Zacks Research analyst M. Kaushik now forecasts that the company will post earnings per share of $4.63 for the year, up from their prior forecast 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 released its quarterly earnings data on Tuesday, November 5th. The company reported C$1.27 EPS for the quarter, missing analysts’ consensus estimates of C$1.29 by C($0.02). The firm had revenue of C$3.13 billion during the quarter, compared to analyst estimates of C$3.15 billion. Restaurant Brands International had a return on equity of 37.74% and a net margin of 16.99%.

Restaurant Brands International Stock Down 0.8 %

Restaurant Brands International stock opened at C$96.68 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.80 and a debt-to-equity ratio of 322.48. Restaurant Brands International has a 1-year low of C$90.21 and a 1-year high of C$112.12. The firm’s fifty day simple moving average is C$96.63 and its 200-day simple moving average is C$96.13. The company has a market capitalization of C$31.29 billion, a P/E ratio of 17.58, a P/E/G ratio of 2.22 and a beta of 0.95.

Restaurant Brands International Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 20th will be paid a dividend of $0.785 per share. The ex-dividend date is Friday, December 20th. This represents a $3.14 annualized dividend and a dividend yield of 3.25%. Restaurant Brands International’s dividend payout ratio (DPR) is presently 57.09%.

Insider Activity

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

Restaurant Brands International Company Profile

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.