Restaurant Brands International (TSE:QSR) Releases Earnings Results, Misses Estimates By $0.02 EPS

Restaurant Brands International (TSE:QSR) (NYSE:QSR) announced its quarterly earnings data on Tuesday. The company reported C$1.27 earnings per share for the quarter, missing the consensus estimate of C$1.29 by C($0.02), reports. Restaurant Brands International had a return on equity of 37.74% and a net margin of 16.99%. The business had revenue of C$3.13 billion for the quarter, compared to the consensus estimate of C$3.15 billion.

Restaurant Brands International Trading Down 0.2 %

Shares of QSR stock traded down C$0.15 during mid-day trading on Friday, reaching C$95.00. 7,038 shares of the stock traded hands, compared to its average volume of 811,445. The stock’s fifty day simple moving average is C$95.91 and its two-hundred day simple moving average is C$96.56. Restaurant Brands International has a 1-year low of C$90.21 and a 1-year high of C$112.12. The company has a quick ratio of 0.80, a current ratio of 0.78 and a debt-to-equity ratio of 322.48. The company has a market cap of C$30.75 billion, a price-to-earnings ratio of 17.35, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95.

Restaurant Brands International Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 20th will be issued a $0.785 dividend. The ex-dividend date of this dividend is Friday, December 20th. This represents a $3.14 dividend on an annualized basis and a yield of 3.31%. Restaurant Brands International’s payout ratio is presently 57.09%.

Insider Buying and Selling

In other news, Senior Officer Axel Schwan sold 36,000 shares of Restaurant Brands International stock in a transaction on Friday, August 23rd. The shares were sold at an average price of C$70.47, for a total transaction of C$2,536,988.40. 1.24% of the stock is owned by corporate 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.