Tim Hortons (NYSE: THI) reported earnings on May 8. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Tim Hortons missed estimates on revenues and whiffed on earnings per share.

Compared to the prior-year quarter, revenue was unchanged. Non-GAAP earnings per share contracted. GAAP earnings per share dropped.

Gross margins grew, operating margins increased, net margins shrank.

Revenue details
Tim Hortons chalked up revenue of $719.2 million. The 11 analysts polled by S&P Capital IQ predicted a top line of $736.1 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.50. The 17 earnings estimates compiled by S&P Capital IQ predicted $0.61 per share. Non-GAAP EPS of $0.50 for Q1 were 11% lower than the prior-year quarter's $0.56 per share. GAAP EPS of $0.55 for Q1 were 1.8% lower than the prior-year quarter's $0.56 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 23.5%, 10 basis points better than the prior-year quarter. Operating margin was 18.3%, 50 basis points better than the prior-year quarter. Net margin was 11.8%, 50 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $821.8 million. On the bottom line, the average EPS estimate is $0.75.

Next year's average estimate for revenue is $3.26 billion. The average EPS estimate is $2.93.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 386 members out of 416 rating the stock outperform, and 30 members rating it underperform. Among 105 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 100 give Tim Hortons a green thumbs-up, and five 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 $52.52.

Does Tim Hortons have what it takes to execute internationally? Take a look at some American restaurant concepts that are generating profits in all over the globe in, "3 American Companies Set to Dominate the World." It's free for a limited time. Click here for instant access to this free report.