Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) – Equities research analysts at KeyCorp cut their Q1 2020 earnings estimates for shares of Restaurant Brands International in a research report issued to clients and investors on Monday, February 10th. KeyCorp analyst E. Gonzalez now anticipates that the company will post earnings per share of $0.81 for the quarter, down from their prior forecast of $0.82.
A number of other research analysts have also weighed in on QSR. Sanford C. Bernstein raised their target price on shares of Restaurant Brands International from C$115.00 to C$117.00 in a report on Tuesday. Royal Bank of Canada reaffirmed an “outperform” rating and set a C$77.00 price objective on shares of Restaurant Brands International in a research note on Tuesday, December 10th.
Restaurant Brands International (TSE:QSR) (NYSE:QSR) last posted its earnings results on Monday, February 10th. The company reported C$0.99 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.95 by C$0.04. The business had revenue of C$1.95 billion during the quarter, compared to analysts’ expectations of C$1.91 billion.
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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