- TFI International’s adjusted earnings per share (EPS) were 76 cents, missing estimates of 94 cents and significantly down from $1.24 in the same quarter last year.
- The company generated a revenue of $1.96 billion, showing a 4.8% year-over-year increase but falling short of the $2.04 billion estimated.
- Truckload revenue saw a substantial increase of 67% year-over-year, reaching $662.9 million.
- Logistics revenue decreased by 13% year-over-year, totaling $384.9 million.
- Less-than-truckload (LTL) revenue was marginally down by 0.2% year-over-year, at $679.0 million.
- Operating income declined by 24% year-over-year to $114.6 million, below the expected $128.4 million.
- Despite industry challenges, TFI International improved operating ratios in several areas, focusing on strong cash flow growth, with a 40% increase year-over-year.
- Alain Bédard, TFI’s CEO, emphasized the company’s strategic investments and operational excellence amidst weak freight demand.
- The company holds 15 buy recommendations, 4 holds, and 1 sell rating from analysts.
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A look at Tfi International Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, TFI International shows a neutral to slightly positive long-term outlook across various factors. With a score of 3 in Value, Dividend, Growth, and Resilience, the company indicates stability and moderate performance in these areas. However, its Momentum score of 2 suggests slightly weaker short-term performance compared to other factors. TFI International’s presence in the transportation and logistics industry, focusing on strategic acquisitions and subsidiary management across North America, positions it well for long-term growth.
TFI International Inc, a player in the transportation and logistics sector, has been assessed through Smartkarma Smart Scores, with generally average to above-average ratings in key aspects. Operating in the United States, Canada, and Mexico, the company is strategically positioned for further expansion and success. While showing strength in value, dividends, growth, and resilience, TFI International might benefit from enhancing its momentum to drive stronger short-term performance and investor confidence.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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