Restaurant Brands International (QSR) is expected to report Q3 2026 revenue of $2.54 billion and earnings per share of $1.08, while the stock currently trades at $73.99 against an average analyst price target of $83.52.
Investors are primarily focused on the continued execution of the "Reclaim the Flame" turnaround plan at Burger King U.S. and a potential recovery in Popeyes same-store sales.
Recent foot-traffic data indicates that RBI’s portfolio has outpaced the broader fast-food industry this quarter, potentially paving the way for a fifth consecutive earnings beat. However, analysts are watching for signs of softness at Tim Hortons and the impact of rising commodity costs on overall franchise profitability.