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

TFI International

26/04/2024 24:47

* TFI International Inc  TFII.TO  reported quarterly
adjusted
earnings of $1.24​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of $1.33.  The mean expectation of fifteen analysts for the
quarter was for earnings of $1.36 per share. Wall Street
expected results to range from $1.27  to $1.56 per share.
    * Revenue rose 1.1% to $1.87 billion from a year ago;
analysts
expected $1.90 billion. 
    * TFI International Inc's reported EPS for the quarter was
$1.09​.
    * The company reported quarterly net income of $92.85
million.
    * TFI International Inc shares had fallen by 10.9% this
quarter and gained 6.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 12.7%
in the last three months.​ 
    * In the last 30 days, seven analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 5
"hold" and 1 "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$207.78 
This summary was machine generated from LSEG data April 25 at
11:47 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
 Mar. 31 2024      1.36           1.24           Missed
 Dec. 31 2023      1.66           1.71           Beat
 Sep. 30 2023      1.72           1.57           Missed
 Jun. 30 2023      1.77           1.59           Missed