Restaurant Brands International Inc. Reports First Quarter 2020 Results

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Restaurant Brands International (QSR) PT Raised to $60 at SunTrust

May 1, 2020 1:26 PM EDT

SunTrust analyst Jake Bartlett raised the price target on Restaurant Brands International (NYSE: QSR) to $60.00 (from $57.00) while maintaining a Buy rating.

The analyst commented, "QSR's SSS have steadily improved since late March, similar to industry trends (with US BK neg. teens, TH... More

Restaurant Brands (QSR) Misses Q1 EPS by 8c, Revenues Beat

May 1, 2020 6:36 AM EDT

Restaurant Brands (NYSE: QSR) reported Q1 EPS of $0.48, $0.08 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $1.23 million versus the consensus estimate of $1.15 million.

RBI establishes support programs for restaurant owners and team members impacted by COVID-19Response to COVID-19 crisis includes the rapid advancement of digital platformsPOPEYES® delivers remarkable system-wide sales growth of 32% led by the Chicken SandwichRBI further enhances strong liquidity position of $2.5... More