TFI International Inc reports results for the quarter ended March 31 - Earnings Summary

• TFI International Inc TFII.TO reported quarterly adjusted earnings of 76 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.24. The mean expectation of fifteen analysts for the quarter was for earnings of 96 cents per share. Wall Street expected results to range from 80 cents to $1.36 per share.

• Revenue rose 5% to $1.96 billion from a year ago; analysts expected $2.06 billion.

• TFI International Inc's reported EPS for the quarter was 66 cents​.

• The company reported quarterly net income of $56 million.

• TFI International Inc shares had fallen by 2.5% this quarter and lost 44.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 38.1% in the last three months.​

• In the last 30 days, eight 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," 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$150.00

This summary was machine generated from LSEG data April 23 at 09:00 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)