Tim Hortons profit misses forecast; shares up after dividend hike
date:Feb 21, 2014
e to Tim Hortons edged up to C$100.6 million from C$100.3 million a year earlier. On a per-share basis, earnings rose to 69 Canadian cents per share from 65 cents, bolstered by share buybacks.

Analysts on average had expected a profit of 76 Canadian cents per share, according to Thomson Reuters I/B/E/S.

Results were below analysts' expectations, BMO Capital Market's Peter Sklar said, but he added that the profit was slightly ahead of forecasts when adjusted for the unexpected charges as well a
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