Restaurant Brands International Inc. (QSR) has delivered a solid earnings surprise, showcasing resilience in a challenging market.
On August 6, 2026, Restaurant Brands International Inc. (QSR) reported its second-quarter earnings, showcasing a remarkable 44.2% earnings surprise. The fast-food giant, known for its diverse portfolio including Burger King, Tim Hortons, and Popeyes, continues to navigate the competitive landscape while delivering strong financial results.
Recent earnings trend
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Restaurant Brands International Inc
QSR.TO
QSR.TO
Restaurant Brands International Inc
WealthAwesomeMarket cap
$49.77B
P/E
19.6x
Div. yield
2.35%
Div. / share
$2.54
52W high
$113.10
52W low
$81.75
1W change
-0.84%
Beta
0.53
Analyst Price Targets
Based on analyst covering QSR
Wall Street analysts forecast QSR stock price to rise 6.7% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$116.58
+6.7% Upside
Current Price
C$109.22
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on QSR's historical volatility
30-Day Vol
22.1%
Annualized
90-Day Vol
25.1%
Annualized
Trend (90d)
+37.7%
Annualized drift
90d Mean
C$124.97
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$114.24 | C$105.86 โ C$123.27 |
| 60 trading days | C$119.48 | C$107.28 โ C$133.07 |
| 90 trading days | C$124.97 | C$109.53 โ C$142.59 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 26 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-06 | 1.5000 | 1.0400 | +44.2% |
| 2026-03-31 | 2026-05-06 | 1.1700 | 1.1300 | +3.5% |
| 2025-12-31 | 2026-02-12 | 1.3000 | 1.3100 | -0.8% |
| 2025-09-30 | 2025-10-30 | 1.4300 | 1.3900 | +2.9% |
| 2025-06-30 | 2025-08-07 | 1.2900 | 1.3300 | -3.0% |
| 2025-03-31 | 2025-05-08 | 1.0300 | 1.1000 | -6.4% |
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Investor takeaway: Investors should take note of the strong performance from Burger King, which has significantly outperformed expectations, while Tim Hortons and Popeyes face challenges. The overall earnings beat indicates solid operational execution, but concerns about specific brands may affect sentiment moving forward.
44.2% Earnings Surprise
QSR's actual EPS of $1.50 significantly exceeded the estimated $1.04, marking a substantial earnings surprise that highlights operational strengths amidst market challenges.
Bull case
Burger King is showing impressive growth with an 8.5% increase in same-store sales, and its strong international performance suggests good potential for future growth. The company is also committed to returning capital to shareholders and improving its leverage position, making it an attractive option for investors.
Bear case
However, there are concerns. Tim Hortons is struggling with stagnation in Canada, and Popeyes is experiencing a decline in sales. These challenges, along with rising costs and currency issues, could impact future growth and profitability.
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Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
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