Logistics provider TFI International's Q3 revenue declines due to weaker market demand

TFI International

30/10/2025 20:56

Overview

TFI International Q3 revenue declines due to weaker market demand

Adjusted EPS for Q3 meets analyst expectations

Company announces 4% increase in quarterly dividend

Outlook

Company expects Q4 adjusted diluted EPS between $0.80 and $0.90

Company lowers full-year capital expenditure forecast to $150 mln-$175 mln

Result Drivers

WEAKER DEMAND - Revenue decline attributed to reduced volumes driven by weaker end market demand

SEGMENT PERFORMANCE - U.S. LTL segment maintained operating ratio despite muted freight environment, per CEO Alain Bédard

CAPITAL MANAGEMENT - Strong balance sheet supports share repurchases and dividend increases, enhancing future EPS growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$1.96 bln
Q3 Adjusted EPS
In-line
$1.20
$1.20 (15 Analysts)
Q3 EPS
$1.02
Q3 Adjusted Net Income
*Slight Miss
$99.10 mln
$99.87 mln (9 Analysts)
Q3 Net Income
$84.70 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the ground freight & logistics peer group is "buy"

Wall Street's median 12-month price target for TFI International Inc is C$140.00, about 11.1% above its October 29 closing price of C$124.44

Press Release: ID:nGNX4dRqKs

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)