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 · Editorial policy
Key numbers
- Adjusted 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 adjusted 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 5.9/10.
4 of the last 4 quarters beat the estimate; this quarter's +3.2% surprise compares with a +2.5% four-quarter average. Next scheduled report: 2027-02-11.
What supports the rating
- Strong earnings beat streak (4/4)
What argues against it
- Thin upside margin: 3.3%
- Sector modifier (Consumer Cyclical): -1.5
- Leverage penalty (D/E 2.8): -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
- $74.31
- Price target
- $76.79
- Stop
- $70.57
- Upside to target
- +3.3%
- Reward-to-risk
- 0.5:1
At 18.8× trailing and 16.9× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-11-04 — 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
- $34.19B
- P/E (fwd)
- 16.9
- P/E (ttm)
- 18.8
- 52-week range
- $64.52–$81.96
- Off 52-week high
- 9.3%
- RSI (14)
- 57
- Volume vs avg
- 0.77×
- Score today
- 5.9/10