Tim Hortons (THI) Issues Strong Q4 Results; Boosts Qtr. Dividend to C$0.21/Share, Starts C$200M Buyback

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Tim Hortons (NYSE: THI) reported Q4 EPS of $0.65, $0.02 better than the analyst estimate of $0.63. Revenue for the quarter came in at $779.8 million versus the consensus estimate of $725.71 million.

Raises its quarterly dividend by 23.5 percent to C$0.21/share. Begins a new buyback program of $200 million.

Tim Hortons sees FY2012 EPS of $2.65-$2.75, versus the consensus of $2.76.

(All figures in Canadian dollars.)

For earnings history and earnings-related data on Tim Hortons (THI) click here.

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