Analysts Offer Predictions for Restaurant Brands International Inc’s FY2020 Earnings (QSR)

Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) – Research analysts at Oppenheimer issued their FY2020 earnings estimates for shares of Restaurant Brands International in a note issued to investors on Friday, August 24th. Oppenheimer analyst B. Bittner forecasts that the company will post earnings of $4.07 per share for the year.

Shares of TSE QSR opened at C$76.50 on Monday. Restaurant Brands International has a fifty-two week low of C$67.55 and a fifty-two week high of C$88.36.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last issued its earnings results on Wednesday, August 1st. The company reported C$0.85 earnings per share for the quarter, topping the consensus estimate of C$0.82 by C$0.03. Restaurant Brands International had a return on equity of 72.64% and a net margin of 46.86%. The business had revenue of C$1.73 billion for the quarter, compared to analyst estimates of C$1.81 billion.

In other news, Director Golnar Khosrowshahi purchased 5,670 shares of the company’s stock in a transaction that occurred on Monday, June 18th. The shares were purchased at an average price of C$79.70 per share, for a total transaction of C$451,899.00. Also, Director Lisa Giles-Klein sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 7th. The stock was sold at an average price of C$61.03, for a total value of C$1,525,750.00.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 1st. Investors of record on Friday, September 7th will be paid a dividend of $0.45 per share. The ex-dividend date is Thursday, September 6th. This represents a $1.80 dividend on an annualized basis and a yield of 2.35%.

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.

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Earnings History and Estimates for Restaurant Brands International (TSE:QSR)

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