Restaurant Brands International Reports First Quarter 2015 Results

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Restaurant Brands (QSR) Numbers Lifted at Credit Susise But Remains on the Sidelines

April 28, 2015 7:49 AM EDT

Credit Suisse analyst D. Hartley bumped his price target on Restaurant Brands International (NYSE: QSR) to $42.00 (from $41.00) following strong Q1 results but maintained a Neutral rating.

2015/2016/2017 EPS increased to $0.88/$1.08/$1.37 from $0.78/$1.04/$1.30.

The firm said valuation keeps them on the sidelines.

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Restaurant Brands (QSR) Tops Q1 EPS by 1c

April 27, 2015 7:12 AM EDT

Restaurant Brands (NYSE: QSR) reported Q1 EPS of $0.18, $0.01 better than the analyst estimate of $0.17. Revenue for the quarter came in at $932 million versus the consensus estimate of $944 million.

Tim Horton's comps rose 5.3 percent, while Burger King comps improved 4.6 percent.

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