Restaurant Brands International Inc to Post Q3 2018 Earnings of $0.85 Per Share, Oppenheimer Forecasts (QSR)
Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) – Investment analysts at Oppenheimer lowered their Q3 2018 earnings estimates for Restaurant Brands International in a research note issued on Thursday, October 18th. Oppenheimer analyst B. Bittner now forecasts that the company will post earnings per share of $0.85 for the quarter, down from their prior estimate of $0.86. Oppenheimer also issued estimates for Restaurant Brands International’s Q4 2018 earnings at $0.85 EPS, FY2018 earnings at $3.44 EPS, FY2019 earnings at $3.63 EPS and FY2020 earnings at $3.96 EPS.
Restaurant Brands International (TSE:QSR) (NYSE:QSR) last released its quarterly earnings data on Wednesday, August 1st. The company reported C$0.85 EPS for the quarter, topping the consensus estimate of C$0.82 by C$0.03. The company had revenue of C$1.73 billion for the quarter, compared to the consensus estimate of C$1.81 billion. Restaurant Brands International had a return on equity of 72.64% and a net margin of 46.86%.
The company also recently disclosed a quarterly dividend, which was paid on Monday, October 1st. Shareholders of record on Friday, September 7th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, September 6th. This represents a $1.80 annualized dividend and a yield of 2.43%.
Restaurant Brands International Company Profile
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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