TFI International Inc reports results for the quarter ended June 30 - Earnings Summary

• TFI International Inc TFII.TO reported quarterly adjusted earnings of $1.34​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.71. The mean expectation of fifteen analysts for the quarter was for earnings of $1.24 per share. Wall Street expected results to range from $1.10 to $1.34 per share.

• Revenue fell 20.8% to $1.79 billion from a year ago; analysts expected $2.07 billion.

• TFI International Inc's reported EPS for the quarter was $1.17​.

• The company reported quarterly net income of $98.18 million.

• TFI International Inc shares had risen by 4.8% this quarter and lost 34.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 12 "strong buy" or "buy," 6 "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$140.00, about 8.5% above its last closing price of C$128.13

This summary was machine generated from LSEG data July 28 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)