FY2024 EPS Estimates for TSE:QSR Boosted by Zacks Research

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) – Research analysts at Zacks Research upped their FY2024 EPS estimates for shares of Restaurant Brands International in a research report issued on Tuesday, November 19th. Zacks Research analyst M. Kaushik now expects 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 Trading Up 0.4 %

TSE QSR opened at C$97.46 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. The business has a fifty day simple moving average of C$96.56 and a 200 day simple moving average of C$96.22. Restaurant Brands International has a 12 month low of C$90.21 and a 12 month high of C$112.12. The firm has a market capitalization of C$31.54 billion, a P/E ratio of 17.72, a PEG ratio of 2.22 and a beta of 0.95.

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

Insider Activity

In other news, Director Vicente Tome sold 1,990 shares of the company’s stock in a transaction that occurred on 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 corporate insiders.

Restaurant Brands International Cuts Dividend

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

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.