• Home
  • Contactez nous

  • Financer
  • Divertissement
  • Science
  • Sport
  • Monde
  • Médecine
  • France
  • Local

Restaurant Brands' profit tops estimates on Burger King boost

  • by Xavier Trudeau
  • in Financer
  • — Fév 12, 2018
Share:

Finally, Royal Bank of Canada upped their target price on Restaurant Brands International from $69.00 to $77.00 and gave the company an "outperform" rating in a research report on Monday, October 23rd.

Restaurant Brands International Inc. reported a better-than-expected profit for its fourth quarter as revenue was boosted by the addition of Popeyes and system-wide sales growth. Fox Run Management L.L.C.'s holdings in Restaurant Brands International were worth $813,000 as of its most recent SEC filing. Restaurant Brands International has a 12 month low of C$66.82 and a 12 month high of C$88.36.

For the full year, Restaurant Brands reported a profit of $626.1 million or $2.54 per diluted share on almost $4.58 billion in revenue. The stock presently has an average rating of Buy and an average target price of C$83.50.

In other Restaurant Brands International news, EVP Jose E. Cil sold 99,151 shares of Restaurant Brands International stock in a transaction on Thursday, November 16th. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Following the transaction, the executive vice president now directly owns 350,613 shares of the company's stock, valued at approximately $22,789,845. They noted that the move was a valuation call.

In other news, Director Marc Caira sold 49,804 shares of the firm's stock in a transaction on Monday, November 20th. The shares were sold at an average price of C$65.00, for a total transaction of C$2,501,200.00. They set an outperform rating and a $75.00 price target on the stock. The disclosure for this sale can be found here. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. Insiders have sold a total of 187,435 shares of company stock valued at $12,219,111 over the last ninety days. The company has a debt-to-equity ratio of 2.70, a quick ratio of 3.38 and a current ratio of 3.45. The stock has a market cap of $33,820.00, a price-to-earnings ratio of 77.27 and a beta of 1.14. The company has an average rating of "Buy" and an average target price of $70.47.

  • French rugby players grilled by Scottish police after 'Edinburgh brawl'

ILLEGAL ACTIVITY WARNING: This piece of content was published by Registrar Journal and is the sole property of of Registrar Journal. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of USA & global copyright & trademark laws.

Restaurant Brands International (NYSE:QSR) traded up $0.08 on Tuesday, reaching $56.51. The correct version of this piece of content can be read at https://www.thelincolnianonline.com/2018/02/11/bmo-capital-markets-analysts-give-restaurant-brands-international-qsr-a-c72-00-price-target-updated.html.

The operator of Tim Hortons and Burger King surpassed analyst estimates for the fourth quarter but sales were tepid during a time marked by widespread franchisee discontent and an outcry over their response to minimum wage hikes in Ontario.

The operator of Burger King and Tim Hortons restaurant chains posted revenue of $1.23 billion in the period.

Share:

IN CASE YOU MISSED IT

  • Federer Targets Agassi's Record At Rotterdam Open
  • Le PSG obtient une très belle médaille — Mercato
  • Jose Mourinho 'Disappointed' With Man United Defending Vs
  • YOU MAY ALSO LIKE...

    • Emirates Orders 70 aircraft Worth $21 billion 2/19/2019
    • European Union vows 'swift' riposte to threatened U.S. auto tariffs 2/19/2019
    • Canada: Justin Trudeau visé par une enquête - Monde 2/19/2019
    • Le convoyeur de fonds déféré devant le parquet de Bobigny — Aubervilliers 2/18/2019
    • Payless to close all 2,100 USA stores 2/18/2019
    • United Kingdom doesn't need to ban Huawei from its 5G 2/18/2019
    • Uber says it lost $1.8B in 2018 2/18/2019
    • Indian Oil Signs First Annual Deal for US Oil 2/18/2019
    • Payless Is Reportedly Closing All Stores 2/18/2019
    • Retards à la SNCF : reprise progressive du trafic 2/18/2019

RELATED NEWS

Aegean Marine Petroleum Network Inc. (ANW) Major Shareholder Purchases $29256.00 in Stock
Stifel Nicolaus downgraded Aegean Marine Petroleum Network Inc . (NYSE:ANW) on Wednesday, November 8 with "Buy" rating . It has outperformed by 26.75% the S&P500.The move comes after 5 months negative chart setup for the $178.82M company.
2/12/2018

Google Painfully Roasts Patriots When Asked Who Owner Of Team Is
This even happened to Patriots quarterback Tom Brady , he was named owner of the New York Jets franchise . You only get to do this job one time, so let's have fun while we're doing it.
2/12/2018

Tottenham regularly monitoring Bayer Leverkusen winger Leon Bailey
The Mirror believe that after dropping their interest in Monaco winger Thomas Lemar, Jurgen Klopp now fancies the 20-year-old Jamaican forward.
2/12/2018

Ellen Johnson Sirleaf remporte le prix Mo Ibrahim 2017
Elle avait également remporté le prix Nobel de la paix et est devenue la première femme présidente en Afrique. Nelson Mandela a été nommé Lauréat d'honneur lors de la première cérémonie de remise des prix en 2007.
2/12/2018

Un braconnier dévoré par un lion — Afrique du Sud
Le braconnage est un véritable fléau en Afrique du Sud où de nombreux lions ont été retrouvés morts et mutilés l'an dernier. La police locale soupçonne la victime d'être un braconnier .
2/12/2018

Tinubu is a grand-trouble-shooter ―VON DG — APC reconciliation
VON DG equally expressed optimism that Asiwaju would mend fences with the National Chairman of APC , Chief John Odigie-Oyegun. But unfortunately, the former Lagos state governor cannot do magic because it's already late and nothing will come out of it.
2/12/2018

US IOC member suggests joint Korean team for Nobel Peace Prize
The two Koreas remain technically at war after their 1950-53 conflict ended in a truce rather than a peace treaty. Kim Yo-jong told Moon that relations would improve quickly once he meets with her brother.
2/12/2018

Delhi: Man stabs wife 21 times with to death, gets life imprisonment
The counsel argued the offence committed by Dass would come under the purview of culpable homicide not amounting to murder. The bench said the man had acted in a "cruel manner" in brutally assaulting his wife without any provocation.
2/12/2018

Amdocs Target of Unusually Large Options Trading (DOX)
The technology company reported $1.02 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.96 by $0.06. Baird restated a "hold" rating and issued a $66.00 price target on shares of Amdocs in a research report on Friday, October 20th.
2/12/2018

Discovery Communications, Inc. (DISCA) EPS Estimated At $0.38
Shapiro Capital Management Llc decreased Charter Communications Cl A stake by 9,000 shares to 7,700 valued at $2.80B in 2017Q3. BidaskClub upgraded Discovery Communications from a "hold" rating to a "buy" rating in a report on Tuesday, January 23rd.
2/12/2018

Antonio Conte annonce la couleur — Chelsea
Il y a donc de fortes chances pour qu'en fin de saison, le propriétaire Roman Abramovitch fasse quelque chose de stupide. L'entraîneur italien a son avis sur la question.
2/12/2018

Canada's Kingsbury wins gold in men's moguls
Canada's Mikaël Kingsbury won the gold medal in the men's moguls freestyle skiing event at the Winter Olympics . Kingsbury scored 86.07 to top the qualification standings and will take some beating on Monday.
2/12/2018

Allan-Border Medal: Skipper Steve Smith voted Australian "Cricketer of the year"
The left-hander garnered 24 votes to win the award by a margin of six from Steve Smith and all-rounder Marcus Stoinis. Warner received 162 votes, while spinner Nathan Lyon and pace bowler Pat Cummins got 156 and 111 votes respectively.
2/12/2018

Trump's 2019 budget proposal includes funding for border wall, infrastructure and opioids
That agreement, which ended an hours-long partial government shutdown, boosts government spending by nearly $300 billion. The $50 billion for rural spending will come from local governments or private entities asking for matching grants.
2/12/2018

What Is That Mark on US Figure Skater Mirai Nagasu's Thigh?
Adam Rippon put together one hilarious interview after making his Olympics debut. 2014 gold medalist and six-time U.S. Rippon was just thrilled to make his debut and help the USA move towards a medal in the team event .
2/12/2018

    • Top picks

      • Emirates Orders 70 aircraft Worth $21 billion2/19/2019
      • European Union vows 'swift' riposte to threatened U.S. auto tariffs2/19/2019
      • Canada: Justin Trudeau visé par une enquête - Monde2/19/2019
      • Le convoyeur de fonds déféré devant le parquet de Bobigny — Aubervilliers2/18/2019
    • Weekly News

      • Payless to close all 2,100 USA stores2/18/2019
      • United Kingdom doesn't need to ban Huawei from its 5G2/18/2019
      • Uber says it lost $1.8B in 20182/18/2019
      • Indian Oil Signs First Annual Deal for US Oil2/18/2019
    • Latest News

      • RBI approves ₹28,000 crore interim dividend to the government2/18/2019
      • Berkshire flogs off Apple and Oracle shares2/18/2019
      • US oil rallies as exporters trim production2/18/2019
      • East Midlands airline Flybmi cancels all flights and files for administration2/18/2019
    • Home
    • Contactez nous

    Mardi 19 Février 2019

    © 2019 . ALL RIGHTS RESERVED.