Tim Hortons (NYSE: THI ) is expected to report Q2 earnings on Thursday. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Tim Hortons' revenues will improve 4.6% and EPS will increase 7.9%.
The average estimate for revenue is $761.8 million. On the bottom line, the average EPS estimate is $0.68.
Last quarter, Tim Hortons tallied revenue of $722.8 million. GAAP reported sales were 8.3% higher than the prior-year quarter's $667.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.56. GAAP EPS of $0.56 for Q1 were 12% higher than the prior-year quarter's $0.50 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 23.4%, 110 basis points worse than the prior-year quarter. Operating margin was 17.8%, 50 basis points worse than the prior-year quarter. Net margin was 12.3%, 20 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $3.11 billion. The average EPS estimate is $2.72.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 374 members rating the stock outperform and 31 members rating it underperform. Among 99 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 91 give Tim Hortons a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Tim Hortons is hold, with an average price target of $56.04.
- Add Tim Hortons to My Watchlist.