What is Scotiabank's Estimate for QSR FY2026 Earnings?

Key Points

• Scotiabank raised its FY2026 EPS estimate for Restaurant Brands International to $4.05, up from $4.01 and slightly above the $4.03 consensus forecast.
• Scotiabank maintained a “Sector Perform” rating and an $81 price target; broader analyst sentiment remains “Moderate Buy,” with a consensus target of $83.70.
• RBI recently reported quarterly EPS of $1.07, exceeding estimates by $0.03, and announced a quarterly dividend of $0.65, equivalent to a 3.2% annualized yield.

Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR - Equities researchers at Scotiabank increased their FY2026 earnings per share estimates for Restaurant Brands International in a research report issued on Wednesday, August 19th. Scotiabank analyst J. Zamparo now anticipates that the restaurant operator will post earnings of $4.05 per share for the year, up from their prior estimate of $4.01. Scotiabank has a "Sector Perform" rating and a $81.00 price objective on the stock. The consensus estimate for Restaurant Brands International's current full-year earnings is $4.03 per share.

Other research analysts have also issued reports about the stock. Robert W. Baird increased their target price on shares of Restaurant Brands International from $72.00 to $80.00 and gave the stock a "neutral" rating in a research note on Thursday, May 7th. Evercore reaffirmed an "outperform" rating and issued a $88.00 price target on shares of Restaurant Brands International in a research note on Friday, August 7th. Guggenheim upped their price objective on shares of Restaurant Brands International from $80.00 to $85.00 and gave the company a "buy" rating in a report on Tuesday, May 26th. Morgan Stanley upped their price objective on shares of Restaurant Brands International from $78.00 to $79.00 and gave the company an "equal weight" rating in a report on Wednesday, July 15th. Finally, Citigroup cut their price objective on shares of Restaurant Brands International from $84.00 to $78.00 and set a "neutral" rating on the stock in a research report on Friday, July 24th. Sixteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $83.70.

Restaurant Brands International Stock Performance

NYSE:QSR opened at $80.74 on Monday. The company has a fifty day moving average of $74.52 and a 200-day moving average of $74.29. The firm has a market capitalization of $28.20 billion, a P/E ratio of 21.70, a P/E/G ratio of 2.19 and a beta of 0.50. The company has a quick ratio of 0.92, a current ratio of 1.01 and a debt-to-equity ratio of 2.49. Restaurant Brands International has a twelve month low of $61.33 and a twelve month high of $81.96.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last posted its quarterly earnings results on Thursday, August 6th. The restaurant operator reported $1.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.04 by $0.03. The firm had revenue of $2.52 billion for the quarter, compared to analysts' expectations of $2.52 billion. Restaurant Brands International had a return on equity of 33.43% and a net margin of 13.12%.The company's revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.94 EPS.

Restaurant Brands International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 18th will be issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Friday, September 18th. Restaurant Brands International's dividend payout ratio (DPR) is currently 69.89%.

Institutional Trading of Restaurant Brands International

Hedge funds have recently bought and sold shares of the business. Capital World Investors raised its holdings in Restaurant Brands International by 7.7% during the fourth quarter. Capital World Investors now owns 43,525,570 shares of the restaurant operator's stock worth $2,969,819,000 after buying an additional 3,095,167 shares during the last quarter. EdgePoint Investment Group Inc. grew its holdings in shares of Restaurant Brands International by 16.2% during the first quarter. EdgePoint Investment Group Inc. now owns 19,348,137 shares of the restaurant operator's stock valued at $1,432,015,000 after buying an additional 2,703,134 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Restaurant Brands International by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 15,983,585 shares of the restaurant operator's stock valued at $1,090,684,000 after buying an additional 344,066 shares during the last quarter. Morgan Stanley increased its position in shares of Restaurant Brands International by 24.2% during the fourth quarter. Morgan Stanley now owns 8,429,121 shares of the restaurant operator's stock worth $575,119,000 after acquiring an additional 1,641,870 shares in the last quarter. Finally, Baupost Group LLC MA increased its position in shares of Restaurant Brands International by 103.8% during the third quarter. Baupost Group LLC MA now owns 8,252,862 shares of the restaurant operator's stock worth $529,337,000 after acquiring an additional 4,203,300 shares in the last quarter. Institutional investors and hedge funds own 82.29% of the company's stock.

Restaurant Brands International News Roundup

Here are the key news stories impacting Restaurant Brands International this week:

• Positive Sentiment: Zacks raised its FY2027 EPS estimate to $4.31 from $4.25, suggesting improved expectations for Restaurant Brands International’s longer-term earnings growth. Zacks also increased its forecasts for Q3 2027, Q4 2027 and Q1 2028.
• Positive Sentiment: The upward revisions could support investor sentiment because they indicate analysts still see potential for earnings expansion beyond the company’s current-year consensus estimate of $4.03 per share.
• Neutral Sentiment: Zacks expects Q2 2028 EPS of $1.19, below its prior $1.22 forecast, but the estimate remains part of a broader set of longer-term projections that includes several upward revisions.
• Negative Sentiment: Zacks reduced its estimates for Q4 2026 EPS to $1.00 from $1.04 and Q2 2027 EPS to $1.09 from $1.15. These cuts point to possible near-term pressure on operating performance or consumer demand.
• Negative Sentiment: Scotiabank lowered its FY2027 EPS forecast to $4.40 from $4.47 and retained a “Sector Perform” rating with an $81 price target, indicating limited expected upside based on its valuation view.

Restaurant Brands International Company Profile

Restaurant Brands International Inc NYSE: QSR is a global quick-service restaurant company formed through the combination of established brands. The company's principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International's business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.

RBI's restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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