TFI International Inc reports results for the quarter ended in June - Earnings Summary

TFI International

25/07/2024 22:52

* TFI International Inc  TFII.TO  reported quarterly
adjusted
earnings of $1.71​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of $1.59.  The mean expectation of sixteen analysts
for the quarter was for earnings of $1.62 per share. Wall Street
expected results to range from $1.43  to $1.72 per share.
    * Revenue rose 26.4% to $2.26 billion from a year ago;
analysts
expected $2.27 billion. 
    * TFI International Inc's reported EPS for the quarter was
$1.38​.
    * The company reported quarterly net income of $248.5
million.
    * TFI International Inc shares had risen by 6.4% this
quarter and
gained 17.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 12%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the ground
freight &
logistics peer group is also "buy"

Wall Street's median 12-month price target for TFI International
Inc is C$212.98 
This summary was machine generated from LSEG data July 25 at
09:52 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      1.62           1.71           Beat
 Mar. 31 2024      1.36           1.24           Missed
 Dec. 31 2023      1.66           1.71           Beat
 Sep. 30 2023      1.72           1.57           Missed