The company reported $0.44 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.02.
The company ended the quarter with total debt of $8.9B and cash/cashequivalents of $1.5B. During the same quarter in the previous year, the company posted $0.34 EPS. The prior-year quarter was hurt by restructuring charges.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 4th. This is a positive change from Restaurant Brands International's previous quarterly dividend of $0.17.
That being said, strong returns, an aggressive and, to date, successful expansion plan, and an increasing dividend all make Restaurant Brands a likely candidate for nearly any portfolio.
To accommodate long-term intention, the firm has diverse dividend or yield record, GNC has Dividend Yield of 9.39% and experts calculate Return on Investment of 14.10%.More news: Chicago Bulls vs. Toronto Raptors: Bulls continue to have Raptors number
Several equities research analysts recently issued reports on QSR shares.
On 2/08/2017, Scotia Capital released a statement about Restaurant Brands International (TSE:QSR) upped the target price from $0.00 to $52.00 that suggested a downside of -0.21%. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company's stock. RBC Capital Markets now has an outperform rating on the stock. RBI Adjusted EBITDA for both the year and the fourth quarter grew 16.4%, excluding the impact of FX movements, driven by revenue growth and cost discipline at both brands. Flinton Capital Management LLC purchased a new position in Restaurant Brands International during the fourth quarter worth about $175,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp increased its position in Restaurant Brands International by 243.8% in the second quarter. Tower Research Capital LLC TRC increased its stake in Restaurant Brands International by 64.3% in the third quarter. Huntington National Bank boosted its position in Restaurant Brands International by 46,600.0% in the second quarter. The stock had risen 18% over the last three months through Friday's close. Buy rating has been given by 1 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 6 analysts given HOLD rating. The company has a 50-day moving average price of $49.09 and a 200 day moving average price of $46.82.
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Restaurant Brands International Inc. operates as a quick service restaurant company. With a combined system sales of more than $24 billion, the new company now has over 20,000 restaurants in around 100 countries.