Restaurant Brands Intl's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Restaurant Brands Intl (NYSE:QSR) is set to release its latest quarterly earnings report on November 3, 2023. Analysts estimate an earnings per share (EPS) of $0.86. The company's stock performance has been generally positive over the last 52-week period, with shares up 12.9%. However, past earnings have shown that an earnings beat or miss does not necessarily affect the stock price, but the guidance does.
November 02, 2023 | 2:01 pm
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Restaurant Brands Intl is expected to report an EPS of $0.86. The company's shares have risen 12.9% over the past year. The company's guidance could significantly impact the stock price.
The company's earnings report is a significant event that could impact its stock price. However, as past earnings have shown, it's not just the earnings beat or miss that affects the stock price, but the guidance. Therefore, the impact on the stock price will depend on the company's guidance for the next quarter.
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