Restaurant Brands profit beats on higher demand at Burger King

Burger King

Piper Jaffray also issued estimates for Restaurant Brands International's Q3 2018 earnings at $0.91 EPS, Q4 2018 earnings at $0.97 EPS, Q1 2019 earnings at $0.81 EPS, Q2 2019 earnings at $0.92 EPS, Q4 2019 earnings at $1.09 EPS, FY2019 earnings at $3.78 EPS, Q1 2020 earnings at $0.93 EPS and FY2020 earnings at $4.36 EPS. Restaurant Brands International has a 12-month low of C$67.55 and a 12-month high of C$88.36. (NYSE:QSR)'s earnings report is expected On April, 25., RTT reports. On Tuesday, February 27 the firm has "Buy" rating given by Oppenheimer. On Thursday, October 26 the firm has "Buy" rating given by BMO Capital Markets. On Tuesday, January 16 the rating was maintained by UBS with "Buy".

Shares of Restaurant Brands International Inc. rose 5 percent to close at $56.30 on Tuesday. 19 are the (NYSE:QSR)'s ratings reports on April 24, 2018 according to StockzIntelligence Inc.

BMO Capital Markets cut shares of Restaurant Brands International (NYSE:QSR) (TSE:QSR) from an outperform rating to a market perform rating in a research note published on Monday.

Canadian stocks were lackluster, but outperformed US markets as traders assessed a flurry of corporate earnings results. The firm has a 50 day moving average of $59.03 and a 200-day moving average of $53.78. After having $0.84 EPS previously, Restaurant Brands International Inc.'s analysts see -15.48 % EPS growth. The restaurant operator reported $0.66 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.56 by $0.10, reports. Restaurant Brands International had a net margin of 12.97% and a return on equity of 21.88%.

Scarlett Johansson and SNL beau Colin Jost are red carpet official
As every single hero in the Marvel Cinematic Universe gets set to take on Thanos in Avengers: Infinity War , the focus is very much on the issue of survival because the stakes have never been higher.

Gambhir steps down as DD captain
Gambhir had played for the Daredevils between 2008 and 2010 before moving to the Kolkata Knight Riders (KKR). Gambhir has aggregated just 85 in six matches, averaging just 17.

Exxon Mobil Corporation (NYSE:XOM) Ratings Summary on April 24, 2018
After $0.88 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 34.09% EPS growth . It worsened, as 48 investors sold XOM shares while 819 reduced holdings. 123 funds amassed stakes and 603 increased stakes.

Revenue rose 7 percent to $1.07 billion. During the same period a year ago, the firm earned $0.30 earnings per share. Analysts expect change of 47.92 % or $0.23 from previous year's $0.48 earnings per share compared to current's $0.71 earnings per share. Stockholders of record on Thursday, March 15th were given a $0.45 dividend. The ex-dividend date was Wednesday, March 14th. This represents a $1.80 annualized dividend and a dividend yield of 3.32%. This is a boost from Restaurant Brands International's previous quarterly dividend of $0.21.

The strategy is meant to counter negative attention brought to the brand by a group of dissident franchisees, dubbed the Great White North Franchisee Association, which claims to represent more than half of Canadian franchisees, and has vocally criticized the parent company for cutbacks they say are hurting their business.

In other Restaurant Brands International news, EVP Jose E. Cil sold 1,760 shares of the firm's stock in a transaction on Thursday, June 8th. The shares were sold at an average price of $57.59, for a total transaction of $1,100,372.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Following the completion of the sale, the insider now directly owns 426,818 shares of the company's stock, valued at approximately $24,580,448.62.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Gotham Asset Management LLC lifted its holdings in shares of Restaurant Brands International by 1,472.8% during the fourth quarter. Millennium Management LLC now owns 3,483,355 shares of the restaurant operator's stock valued at $214,157,000 after acquiring an additional 2,234,306 shares during the period. "Our relationship with our restaurant owners hasn't been as strong as we would like it to be over the last few quarters". The franchisees say that the company has effectively changed the rent and royalty structure by saddling franchisees with increasing costs and requiring them to renovate stores at their own expense.

Related News:

  • Strange Brigade - Story Trailer

    Strange Brigade - Story Trailer

    Together, the crew must take on treacherous traps, and blast their way through hordes of monsters in a campaign for 1-4 players. There's also the Digital Deluxe Edition , which includes the Season Pass, and the Collector's Edition up for grabs.
    Congress leader Ghulam Nabi shot dead in Kashmir

    Congress leader Ghulam Nabi shot dead in Kashmir

    Police had initially said that Patel was an activist of the ruling Jammu and Kashmir Peoples Democratic Party (PDP ). Congress leader Ghulam Nabi Patel was shot dead by terrorists in South Kashmirs Rajpora area.
    IOS 11.3.1 update fixes iPhone 8 third-party display issues

    IOS 11.3.1 update fixes iPhone 8 third-party display issues

    Alongside the new iOS update, Apple has brought a security update to the macOS 10.13.4 that debuted on Mac devices last month. According to a Motherboard report, it isn't just the iPhone 8 that's suffering borkage following third-party repairs.
  • If you're going to the World Cup, go to Manchester

    If you're going to the World Cup, go to Manchester

    According to Lodha guidelines, there has to be a gap of between days between the IPL and India's next worldwide assignment. At the same time, the proposal of India and South Africa to be held on June 2 from June 2 was proposed.
    'Sanju' Teaser: Ranbir Kapoor's Spot On Sanjay Dutt Look

    'Sanju' Teaser: Ranbir Kapoor's Spot On Sanjay Dutt Look

    When we were making the film, we asked Sanju if he had the courage to have his story on-screen the way he narrated (to us). The actor not just embodied the looks of Sanjay but also learned the nuances and accent of the actor.
    Patrick Vieira would welcome Arsenal job

    Patrick Vieira would welcome Arsenal job

    It is unlikely that the former Juventus boss will be let go if Chelsea qualify for the Champions League. Incidentally, Antonio Conte was the favourite for both the PSG and Italy job.
  • Iran threatens to quit NPT if U.S.  scraps nuke deal

    Iran threatens to quit NPT if U.S. scraps nuke deal

    Delegates from Britain, Sweden and other countries said that a USA withdrawal from the accord would have a serious impact on the global efforts for nuclear disarmament and non-proliferation.

    Shares in Focus: Codexis, Inc. (NASDAQ:CDXS)

    The firm has "Buy" rating given on Friday, October 27 by Jefferies. (NASDAQ:GOOGL) rating on Friday, July 29. There is rarely any substitute for diligent research, especially when it pertains to the equity markets.
    Modi to spearhead BJP poll campaign in Karnataka from May 1

    Modi to spearhead BJP poll campaign in Karnataka from May 1

    The regional party is now hoping for a repeat of 2004 polls when it had won 58 seats - the highest since its inception. The Karnataka Assembly election will be held on May 12 and the counting of votes will take place on May 15.
  • Race to Acquire Fortis Healthcare Ltd Intensifies

    Race to Acquire Fortis Healthcare Ltd Intensifies

    Fosun Health Holdings, which is a unit of Fosun International, submitted an unsolicited, non-binding offer to Fortis Healthcare. Chinese firm Fosun Health Holdings and KKR-backed Radiant Life Care had also made non-binding expression of interests in FHL.
    Ukraine moves up a notch in press freedom ranking

    Ukraine moves up a notch in press freedom ranking

    Unsurprisingly, the best five spots within the 180 country-long list is Norway , Sweden , the Netherlands, Finland and Switzerland.
    PFF stats to know for the 2018 NFL Draft

    PFF stats to know for the 2018 NFL Draft

    Though John Dorsey has given every indication he'll listen, it's hard to see him making a move down when he has two premium picks. The Broncos are likely going to get a lot of calls to move this pick and certainly could if they aren't in love with Rosen.

Most liked

LG G7 To Be Brightest Smartphone In Market
The smartphone will come with Super Bright Display technology and a widescreen 19.5:9 aspect ratio with a notch at the top. A device dubbed as LGE LM-G710 has surfaced on GeekBench today, with Qualcomm's Snapdragon 845 and approximately 4GB RAM.

Summary of Lockheed Martin Corporation (NYSE:LMT) Ratings
Investors tracking shares of NewJersey Resources Corporation (NYSE:NJR) may be closely following analyst price target estimates . Polaris Greystone Grp Ltd Limited Liability Company has 0.02% invested in Lockheed Martin Corporation (NYSE:LMT) for 817 shares.

Deutsche Bank Now Covering Noble Midstream Partners (NBLX) With $57 Target
Boston Advisors Ltd Liability Corporation invested 0.01% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP). On Thursday, April 5 the company was maintained by Stifel Nicolaus. ( NYSE:JWN ), 6 have Buy rating, 6 Sell and 19 Hold.

Samsung's 970 Pro and 970 Evo SSDs are insanely fast
Endurance and reliability are greatly improved, with Samsung claiming you can write up to 1,200 terabytes of data to both drives. The EVO comes with something called "TurboWrite" technology, which uses a buffer of up to 78GB to boost write speeds higher.

Inventor Peter Madsen gets life sentence for Kim Wall murder
However, he has admitted dismembering the 30-year-old woman's body before he "buried her at sea". He said he had dismembered her body in order to lift her through the submarine tower.

On April, 25 Analysts See $0.01 EPS for Twitter, Inc. (TWTR)
Stifel Nicolaus set a $26.00 price target on Twitter and gave the company a hold rating in a report on Thursday, February 8th. Investors should pay particular attention to Twitter's progress in video viewership and artificial intelligence. (NYSE:TWTR).

Kerr: Ginobili should keep playing another two years
Klay Thompson finished with 12 points but hit only four of 16 from the floor while Shaun Livingston chipped in 10 off the bench. With Kawhi Leonard out for the postseason with a quad injury, San Antonio has struggled to match Golden State's firepower.

Only four malaria deaths in Mizoram in 2017
The declining trend in the number of malaria cases and deaths has stalled, and vital funding for malaria programmes has flatlined. Malaria is a life-threatening disease transmitted by parasites contained in the bite of infected female Anopheles mosquitoes.

Apple Plans To Launch Cheaper iPhone
Analysts believed , based on the reported pricing requirement for OLED display, the newiPhone X Plus/ iPhone 11 will be sold at $899.

Star Wars: Alden Ehrenreich reveals he's signed up for three movies
To say that Disney is now presiding over a multitude of Star Wars projects would be to deal in wild understatement. Han Solo fans might have a lot to look forward to.

Kathua court denies bail to juvenile accused in rape and murder case
Sub-inspector Anand Dutta and special police officer (SPO) Deepak Kumar Khujaria filed a petition in the J&K High Court on Monday. In January, an eight-year-old girl was abducted, sedated, gangraped and then murdered in Kathua district of Jammu and Kashmir.

What name would you choose for baby prince?
This is the adorable moment Prince George puts a protective arm around his younger sister Princess Charlotte . While a third wrote: 'Omg they are so cute, congratulations to u both becoming a big brother and sister ❤'.

Rajnath Singh blames Congress for political violence in poll-bound Karnataka
Developments in the past two days point to consolidation of non-Congress votes, led by JDS and BJP, defeating the ruling party. Sreeramulu, who is contesting the assembly elections from Molakamuru (reserved) seat in the district.

Patti Smith and Bruce Springsteen perform at Tribeca premiere of Horses
A trailer for the documentary was also just shared, and in it, Smith performs a rousing rendition of "Land". NEW YORK ― Patti Smith is a tour de force all her own.

Lloyds share price subdued even as lender posts rise in Q1 profits
YTD calculations are commonly used by investors and analysts in the assessment of portfolio performance due to their simplicity. In recent trading day Lloyds Banking Group plc ( LYG ) stock showed the move of -0.53% with the closing price of $3.72.