NFI Group Inc reports results for the quarter ended December 31 - Earnings Summary

• NFI Group Inc NFI.TO reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -5 cents. The mean expectation of five analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 3 cents to 5 cents per share.

• Revenue rose 5.7% to $836.99 million from a year ago; analysts expected $879.96 million.

• NFI Group Inc's reported EPS for the quarter was 13 cents​.

• NFI Group Inc shares had fallen by 21.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 14.3% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the heavy machinery & vehicles peer group is also "buy"

Wall Street's median 12-month price target for NFI Group Inc is C$21.00

This summary was machine generated from LSEG data March 13 at 11:12 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)