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

• NFI Group Inc NFI.TO reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of five analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from -3 cents to 9 cents per share.

• Revenue rose 16.4% to $841.42 million from a year ago; analysts expected $782.33 million.

• NFI Group Inc's reported EPS for the quarter was a loss of 5 cents​.

• NFI Group Inc shares had risen by 2.9% this quarter and lost 13.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 78.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

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$20.00

This summary was machine generated from LSEG data May 9 at 12:35 a.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)