EPS for Restaurant Brands International Inc (QSR) Expected At $0.62

(NYSE:QSR) (TSE:QSR) by 4.2% during the second quarter, according to its most recent filing with the SEC. IFP Advisors Inc boosted its position in shares of Restaurant Brands International by 21.9% during the first quarter.

Traders are more bearish on Restaurant Brands International as shown by the uptick in short interest.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Restaurant Brands International's revenue was up 8.9% compared to the same quarter past year. FMR LLC now owns 13,964,143 shares of the restaurant operator's stock worth $777,880,000 after purchasing an additional 989,549 shares in the last quarter. Goldman Sachs Group, Inc. Pecaut & Co. now owns 70,300 shares valued at $4,397,000. Valinor Management L.P. boosted its stake in Restaurant Brands International by 7.8% in the 1st quarter. Pacific Grove Capital Lp now owns 44,300 shares valued at $2,771,000. After $1.17 actual earnings per share reported by Eagle Materials, Inc. for the previous quarter, Wall Street now forecasts 33.33% EPS growth.

Several research analysts recently commented on QSR shares.

Among 8 analysts covering Eagle Materials (NYSE:EXP), 6 have Buy rating, 0 Sell and 2 Hold. Bank of America Corporation reaffirmed a "neutral" rating and issued a $62.00 price objective on shares of Restaurant Brands International in a research report on Monday, August 14th. Instinet assumed coverage on shares of Restaurant Brands International in a research note on Wednesday, July 12th. On Monday, March 28 the stock rating was initiated by Standpoint Research with "Accumulate". Finally, Nomura assumed coverage on shares of Restaurant Brands International in a research note on Wednesday, July 12th.

Delta Air Lines, Inc. (DAL) Analysts See $1.66 EPS
Interocean Capital Llc increased Time Warner Inc (NYSE:TWX) stake by 61,567 shares to 68,168 valued at $6.58 million in 2016Q4. For DAL, the company now has $2.24 Billion of cash on the books, which is offset by $1.1 Billion current liabilities.

TRADEMARK VIOLATION WARNING: "Fiera Capital Corp Grows Stake in Restaurant Brands International Inc. (NYSE:QSR)" was originally published by TrueBlueTribune and is owned by of TrueBlueTribune. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of US & global copyright legislation. Restaurant Brands International Inc (NYSE:QSR) has risen 48.99% since September 19, 2016 and is uptrending.

In other news, Director Ali Hedayat acquired 5,000 shares of Restaurant Brands International stock in a transaction that occurred on Friday, August 4th. The shares were purchased at an average price of $61.32. Following the acquisition, the director now directly owns 25,966 shares in the company, valued at $1,592,235.12. Insiders own 4.20% of the company's stock.

The stock last traded at $64.45 just above the 50 day moving average which is $61.35 and which is a tad above the 200 day moving average of $59.24. 1,161,000 shares of the company traded hands. Restaurant Brands International has a 12-month low of $45.28 and a 12-month high of $76.29.

Restaurant Brands International (QSR), a quick service restaurant company, said pre-market Monday that 1011778 B.C. Unlimited Liability, together with New Red Finance have started an offering of $1.3 billion in aggregate principal amount of 5% second lien senior secured notes due 2025. As of the last earnings report the EPS was $1.43 and is estimated to be $1.89 for the current year with 236,263,000 shares outstanding. The firm had revenue of $1.13 billion during the quarter, compared to analysts' expectations of $1.14 billion. The company's revenue was up 8.9% compared to the same quarter a year ago. Analysts expect next quarter's EPS to be $0.54 and the next full year EPS is anticipated to be $2.59. RBC Capital Markets maintained Restaurant Brands International Inc (NYSE:QSR) rating on Thursday, June 22. This buyback authorization permits the restaurant operator to reacquire up to 2.1% of its stock through open market purchases.

Related:

  • End Space releases for Sony PlayStation VR

    End Space releases for Sony PlayStation VR

    The Rest'Final Fantasy IX' Now On PS4 Starting right now, you can purchase Final Fantasy IX for the PlayStation 4. Square Enix announced its new game " Left Alive " during Sony's PlayStation conference at TGS 2017.
    Rijiju blames state govt for failure to evict refugees

    Rijiju blames state govt for failure to evict refugees

    Superintendent of Police, Itanagar Capital Complex, Sagar Singh informed that there was also an attempt to torch an APST bus. Reports of violence poured in from Namsai, Changlang and several other districts.
    Fayez Sarofim & Company Raised Its Position in Americanexpressco (AXP) as Stock Declined

    Fayez Sarofim & Company Raised Its Position in Americanexpressco (AXP) as Stock Declined

    Tesco Pension Investment Ltd purchased a new stake in American Express during the first quarter worth approximately $137,325,000. Cost reduction and return of significant capital to shareholders through dividend and share buyback are other positives.
  • Mattis: Returning Nukes to South Korea Discussed

    Mattis: Returning Nukes to South Korea Discussed

    In early September, North Korea claimed it tested a nuclear bomb created to be mounted on an intercontinental ballistic missile . North Korea's nuclear weapons program will be a major topic of discussion at this week's United Nations General Assembly in NY .
    Dairy Crest Group (LON:DCG) Rating Reconfirmed at Shore Capital Today

    Dairy Crest Group (LON:DCG) Rating Reconfirmed at Shore Capital Today

    Whitman Howard's price target would indicate a potential upside of 0.96% from the company's current price. Dairy Crest Group PLC's 50-day moving average is 590.19GBX and its 200-day moving average is 587.95GBX.

    Applied Optoelectronics, Inc. (AAOI) Earns Sell Rating from BWS Financial

    On Thursday, June 15 Chang Hung-Lun (Fred) sold $601,086 worth of Applied Optoelectronics Inc (NASDAQ: AAOI ) or 10,000 shares. Following the sale, the general counsel now directly owns 25,041 shares in the company, valued at approximately $2,375,639.67.
  • Marriot Vacations Worldwide Corporation (VAC) Raised to Buy at ValuEngine

    Marriot Vacations Worldwide Corporation (VAC) Raised to Buy at ValuEngine

    One analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. Telsey Advisory Group maintained Marriott Vacations Worldwide Corp (NYSE:VAC) on Friday, July 22 with "Market Perform" rating.
    Today Analysts Focus on Tailored Brands, Inc. (TLRD), Lockheed Martin Corporation (LMT)

    Today Analysts Focus on Tailored Brands, Inc. (TLRD), Lockheed Martin Corporation (LMT)

    The stock of Lockheed Martin Corporation (NYSE: LMT ) earned "Outperform" rating by RBC Capital Markets on Wednesday, January 27. First National Trust Co decreased Walgreens Boots Alliance Inc stake by 4,151 shares to 31,907 valued at $2.64M in 2016Q4.
    Two armed and risky  convicts escape from MS  state penetenetiary

    Two armed and risky convicts escape from MS state penetenetiary

    How the pair made their getaway from the maximum-security prison farm in Mississippi's Delta region remained under investigation. If you know of Young's whereabouts or have information regarding him, call the MDOC at 662-745-6611, ext.
  • Bali on alert amid volcano eruption fears

    Bali on alert amid volcano eruption fears

    The volcano is around 70 kilometres from the popular tourist destination of Kuta . The Governor said tourists should follow advice from officials and hotel staff.
    Parson's Green suspect 'pictured carrying bomb to tube in Lidl bag'

    Parson's Green suspect 'pictured carrying bomb to tube in Lidl bag'

    The teenage suspect, who was detained in Dover on Saturday, is one of two to have been arrested over the Parsons Green attack. Yahyah Faroukh is believed to be from Damascus originally and has lived in Britain for at least four years.
    Alex Gordon hits MLB's record-setting 5694th home run of season

    Alex Gordon hits MLB's record-setting 5694th home run of season

    Gerrit Cole, who is tied for 10th in home runs allowed this season with 30, had never given up more than 11 in a single season. There are 108 players with 20-plus home runs this season, three short of tying the record set a year ago .

Comments

Latest news

Barclays PLC Raises PayPal Holdings, Inc. (PYPL) Price Target to $69.00
Following the sale, the executive vice president now owns 37,491 shares in the company, valued at approximately $2,025,638.73. The credit services provider reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.03.

Comerica Bank Lowers Stake in Interactive Brokers Group,
Ubs Asset Americas Inc stated it has 30,967 shares or 0% of all its holdings. 36 funds opened positions while 51 raised stakes. It dived, as 48 investors sold AAL shares while 206 reduced holdings. 115 funds opened positions while 683 raised stakes.

Linda Hamilton Will Return to the Terminator Franchise!
Actor Linda Hamilton is all set to reunite with director James Cameron for the new installment of the " Terminator " franchise. Now, they can forget about that as Linda Hamilton is back with Sarah Connor healthy and ready to kick more butt.

Prospect Capital Corporation (PSEC), Air Products and Chemicals, Inc. (APD)
Signature Estate And Investment Advsrs Limited Com reported 2.24% of its portfolio in Bank of America Corp (NYSE:BAC). (NYSE:PEP). Clinton Group Inc increased Commscope Hldg Co Inc (NASDAQ:COMM) stake by 69,981 shares to 94,912 valued at $3.53M in 2016Q4.

Porsche Mission E To Cost Around $90000
However, given that the Mission E is only available with an electric powertrain, we won't see a "Turbo" model, of course. The company is designing the Mission E to slotted in between the Panamera sedan and the 911 sports vehicle icon.

Rishi Kapoor - Studio Can Be Rebuilt, Not the Memorabilia
Rishi Kapoor directed Aa Ab Laut Chalen under the production brand based in R K Studio - R K Films. Films was able to preserve all the costumes used in its films but recent fire took it all away.

Huge explosion rips through Mexico City after 7.1 quake
Mexico's President Enrique Pena Nieto was on a flight to Oaxaca - one of the areas hardest hit by the previous quake - on Tuesday. Del Mazo said a quarry worker was killed when the quake unleashed a rock slide, and another died when hit by a falling lamppost.

Global markets edge up ahead of Trump speech, Fed meeting
USA crude CLcv1 fell 43 cents to settle at $49.48 a barrel, while Brent LCOcv1 declined 34 cents to settle at $55.14. While no rate change is expected, the Fed will likely begin to unwind its bloated asset sheet.

Ousmane Dembele: Barcelona forward faces four month injury lay-off
However, he looks set to miss the rest of the year after pulling his hamstring just 29 minutes into Saturday's 2-1 win at Getafe. Dembele will miss France's final two World Cup qualifiers away to Bulgaria and at home to Belarus in October.

InterContinental Hotels Group PLC (IHG) Trading Up 1.4%
The hospitality group also unveiled renderings of the hotel exterior, public space and guestrooms, as well as the brand's logo. The stock of InterContinental Hotels Group PLC (ADR) (NYSE: IHG ) earned "Neutral" rating by SunTrust on Thursday, August 4.

Iowa governor calls for crackdown on human trafficking
The next training session is on September 25 in Cedar Rapids. It involves workers at hotels and motels across the state.

Corn, soybean harvest starts in southern Iowa
Subsoil moisture supply was rated at 25 percent very short, 45 percent short and 30 percent adequate. Dry edible beans dropping leaves was 76 percent, behind 89 previous year and 85 average.

Children's of Alabama offers free vehicle seats to patients
According to the National Highway Traffic Safety Administration two out of three auto seats are misused. Rear-facing seats should not be used in the front seat because of air bags.

The Chargers' latest program included an embarrassing San Diego gaffe
Garcetti is a self-professed Rams fan, so maybe that's why he doesn't care much for the Chargers coming to town. And the interest level in these two teams has been tepid, to say the least.

Antibiotic-Resistant Infections Are A "Global Health Emergency"
There are no drugs being developed to combat drug-resistant tuberculosis (TB) that can become a global health problem in no time. There is serious concern over the spread of first multi-drug-resistant TB and then extremely drug-resistant TB worldwide.

Other news