Restaurant Brands (QSR) Announces $300M Stock Buyback Plan
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RBC Capital Remains Bullish on Restaurant Brands (QSR) Following 2Q Beat and Raise
August 5, 2016 8:02 AM EDTRBC 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
Restaurant Brands (QSR) Declares $0.16 Quarterly Dividend; 1.4% Yield
August 4, 2016 7:00 AM EDTRestaurant Brands (NYSE: QSR) declared a quarterly dividend of $0.16 per share, or $0.64 annualized.
The dividend will be payable on October 4, 2016, to stockholders of record on September 6, 2016, with an ex-dividend date of September 1, 2016.
The annual yield on the dividend is 1.4 percent.
For a... More
Restaurant Brands (QSR) Tops Q2 EPS by 3c
August 4, 2016 6:59 AM EDTRestaurant Brands (NYSE: QSR) reported Q2 EPS of $0.38, $0.03 better than the analyst estimate of $0.35. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.05 billion.
Daniel Schwartz, Chief Executive Officer of Restaurant Brands International Inc. ("RBI") commented, "We ended the second quarter with solid system-wide sales... More
