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

3 min read | April 30, 2021 12:37 PM EDT | 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.

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