BMO Capital analyst Peter Sklar downgrades Restaurant Brands Intl (NYSE:QSR) from Outperform to Market Perform and lowers the price target from $80 to $63.
Restaurant Brands Intl (NYSE:QSR) reported its Q3 earnings results on Monday, October 25, 2021 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Restaurant Brands Intl beat their estimated earnings by 2.7%, which did not surprise analysts.
Restaurant Brands Intl (NYSE:QSR) reported quarterly earnings of $0.76 per share which beat the analyst consensus estimate of $0.74 by 2.7 percent. This is a 11.76 percent increase over earnings of $0.68 per share from