Restaurant Brands International Inc. Announces Adoption of Share Repurchase Authorization and Commencement of Normal Course Issuer Bid

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Go back to Restaurant Brands International Inc. Announces Adoption of Share Repurchase Authorization and Commencement of Normal Course Issuer Bid

RBC Capital Remains Bullish on Restaurant Brands (QSR) Following 2Q Beat and Raise

August 5, 2016 8:02 AM EDT

RBC Capital reiterated an Outperform rating and $49.00 price target on Restaurant Brands International (NYSE: QSR) following the company's 2Q earnings report. QSR reported on EPS beat of $0.41 vs. consensus estimates of $0.35. Management raised 2016 and 2017 EPS estimates from $1.42 and $1.65 to $1.49 and $1.71, respectively, to account for... More