Mark your calendars for Tuesday 5th November 2024, as Restaurant Brands International (NYSE: QSR) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place before market open, pave the way to review a period of expectation and anticipation.
Wall Street financial experts forecast that the company is set to announce an expected $1.32 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $3.27 billion for this particular period.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $11.83 billion. They also believe the company will reach about profit of $4.77 per share for the fiscal year.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $0.9. This results was derived from the company's total revenue, which reached an impressive $1.84 billion during same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.86 | +1.2% | 2.08 B | +17.2% |
| Q1 2024 | $0.73 | -2.7% | 1.74 B | +9.4% |
| Q4 2023 | $0.75 | +4.2% | 1.82 B | +7.8% |
| Q3 2023 | $0.90 | -6.3% | 1.84 B | +6.4% |
| Q2 2023 | $0.85 | +3.7% | 1.78 B | +8.3% |
| *Growth on year-over-year basis | ||||
QSR will host a conference call with investment community on 5th November 2024 at 08:45 AM eastern time to discuss the financial results.
Throughout Friday's trading, Restaurant Brands International (QSR) shares fluctuated between $69.26 and $70.21, with a trading volume of 1.23 million shares. The stock ended the regular trading session at $69.98, indicating an advance of 0.62 percent.
