Restaurant Brands (TSX:QSR) Posts $1.26Bn Q1 Revenues. Should You Buy?

3 min read | April 30, 2021 09:37 AM PDT | By Team Kalkine Media

Restaurant Brands (TSX:QSR) Posts $1.26Bn Q1 Revenues. Should You Buy? — Image source: NuPenDekDee,Shutterstock

Restaurant Brands (TSX:QSR) Stock Performance

Restaurant Brands stock grew by about two per cent over the last month. As per TMX data, the company's market cap is C$ 25.5 billion and its return on equity stands at 19.93 per cent.

1-year chart of stock performance of Restaurant Brands (Source: EODHD/Others/Thomson Reuters)

QSR stock soared by about 23 per cent over the past year and was priced at C$ 84.16 apiece at the time of writing this. Going by this price, the stock was down by about two per cent from its 52-week high of C$ 86.21 apiece (March 29, 2021) and nearly 30 per cent up from its 52-week low of C$ 64.79 apiece (May 1, 2020).

Its year-to-date (YTD) growth sits at about seven per cent, beating the TSX 300 Composite Index that went 3.2 per cent down in comparison during the same period.

Restaurant Brands Q1 2021 Earnings Highlights

From US$ 444 million in the first quarter of the 2020, Restaurant Brands’ adjusted EBITDA increased to US$ 480 million in 2021’s first quarter. Its net cash provided by operating activities stood at US$ 266 million in Q1 2021.

The company’s net income attributable to shareholders was US$ 179 million in the latest quarter, up by US$ 35 million from the same quarter of last year. Restaurant Brand also distributes a quarterly dividend of US$ 0.53 and its present dividend yield is 3.235 per cent.

The above constitutes a preliminary view and any interest in stocks should be evaluated further from an investment point of view.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.