Restaurant Brands International (NYSE:QSR) Releases Quarterly Earnings Results, Misses Expectations By $0.29 EPS

Restaurant Brands International (NYSE:QSR) (TSE:QSR) posted its earnings results on Wednesday. The restaurant operator reported $0.81 EPS for the quarter, missing the consensus estimate of $1.10 by ($0.29), Zacks reports. Restaurant Brands International had a return on equity of 28.25% and a net margin of 16.01%.

Restaurant Brands International Price Performance

Shares of QSR stock traded up $0.31 during trading on Wednesday, hitting $67.20. The company had a trading volume of 1,188,417 shares, compared to its average volume of 2,170,676. The firm has a market capitalization of $21.80 billion, a P/E ratio of 16.89, a price-to-earnings-growth ratio of 2.17 and a beta of 0.93. The company has a debt-to-equity ratio of 2.75, a quick ratio of 0.94 and a current ratio of 1.02. The stock’s 50-day moving average price is $64.51 and its 200 day moving average price is $68.10. Restaurant Brands International has a one year low of $59.67 and a one year high of $83.29.

Insider Activity

In other Restaurant Brands International news, CEO Joshua Kobza sold 12,420 shares of the company’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $64.20, for a total transaction of $797,364.00. Following the completion of the sale, the chief executive officer now directly owns 703,445 shares in the company, valued at $45,161,169. This represents a 1.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jill Granat sold 81,387 shares of Restaurant Brands International stock in a transaction on Friday, December 6th. The shares were sold at an average price of $69.37, for a total value of $5,645,816.19. Following the completion of the transaction, the insider now owns 388,759 shares in the company, valued at approximately $26,968,211.83. The trade was a 17.31 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 113,510 shares of company stock worth $7,774,020. 1.36% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

QSR has been the subject of a number of analyst reports. KeyCorp cut their price objective on Restaurant Brands International from $80.00 to $78.00 and set an “overweight” rating for the company in a report on Wednesday, November 6th. Jefferies Financial Group reduced their price target on shares of Restaurant Brands International from $73.00 to $67.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 30th. Oppenheimer dropped their price objective on shares of Restaurant Brands International from $86.00 to $77.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Citigroup reduced their target price on Restaurant Brands International from $73.00 to $65.00 and set a “negative” rating on the stock in a report on Thursday, January 30th. Finally, Stifel Nicolaus dropped their price target on Restaurant Brands International from $72.00 to $68.00 and set a “hold” rating for the company in a report on Friday, January 10th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $79.33.

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.