3 Winners and 2 Losers from This Week’s Earning Storm
Tim Hortons Inc. (NYSE:THI) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 25% to $0.7 in the quarter versus EPS of $0.56 in the year-earlier quarter. Revenue decreased 0.09% to $811.6 million from the year-earlier quarter.
Tim Hortons Inc. reported adjusted EPS income of $0.7 per share. By that measure, the company beat the mean analyst estimate of $0.64. It beat the average revenue estimate of $775.21 million.