Restaurant Brands International (QSR) Set to Announce Quarterly Earnings on Thursday

Restaurant Brands International (TSE:QSR) (NYSE:QSR) is scheduled to post its quarterly earnings results before the market opens on Thursday, August 8th. Analysts expect Restaurant Brands International to post earnings of C$1.19 per share for the quarter.

Restaurant Brands International Price Performance

Restaurant Brands International stock opened at C$98.80 on Wednesday. The stock’s fifty day moving average price is C$95.84 and its two-hundred day moving average price is C$100.37. Restaurant Brands International has a one year low of C$84.73 and a one year high of C$112.12. The company has a debt-to-equity ratio of 299.34, a current ratio of 1.08 and a quick ratio of 0.80. The firm has a market cap of C$31.26 billion, a PE ratio of 18.75, a price-to-earnings-growth ratio of 2.22 and a beta of 0.93.

Restaurant Brands International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 5th. Shareholders of record on Friday, July 5th were paid a dividend of $0.784 per share. This represents a $3.14 dividend on an annualized basis and a yield of 3.17%. The ex-dividend date of this dividend was Friday, June 21st. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.78. Restaurant Brands International’s dividend payout ratio (DPR) is 60.15%.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded Restaurant Brands International to a “strong-buy” rating in a research note on Thursday, June 13th.

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.