Restaurant Brands International (QSR) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.07
- Estimate
- $1.04
- Surprise
- +3.2%
- Revenue (period 2026-06-30)
- $2.52B
- Score at report (before → after)
- 6.2 → 6.2/10
Revenue source: xbrl.
How the report landed
Restaurant Brands International (QSR) beat the $1.04 estimate with diluted EPS of $1.07 — a clear 3.2% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.2/10) to Hold at 6.2/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates QSR Sell at 6.3/10.
4 of the last 4 quarters beat the estimate; this quarter's +3.2% surprise compares with a +2.9% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Strong earnings beat streak (4/4)
- Positive momentum
What argues against it
- Analyst target reached - limited upside remaining
- Near 52-week high (2.2% away)
- Sector modifier (Consumer Cyclical): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $80.17
- Price target
- $92.20
- Stop
- $76.59
- Upside to target
- +15.0%
At 19.8× trailing and 18.1× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
QSR at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Restaurants
- Market cap
- $36.77B
- P/E (fwd)
- 18.1
- P/E (ttm)
- 19.8
- 52-week range
- $61.33–$81.96
- Off 52-week high
- 2.2%
- RSI (14)
- 62
- Volume vs avg
- 1.34×
- Score today
- 6.3/10