- TFI International’s adjusted earnings per share (EPS) for the second quarter were $1.34, exceeding estimates of $1.23 but down from $1.71 year-on-year.
- The company’s revenue was $2.04 billion, representing a 9.9% decline from the previous year, slightly under the estimated $2.06 billion.
- Truckload revenue saw a decrease of 3.4% year-on-year, totaling $712.3 million.
- Logistics revenue fell by 11% year-on-year, reaching $393.1 million.
- LTL (less-than-truckload) revenue was reported at $703.7 million, up from $0.79 million year-on-year.
- Operating income was $170.2 million, a decline of 18% year-on-year, but it surpassed the estimated $156.7 million.
- Adjusted EBITDA was $326.6 million, marking a 14% decrease year-on-year, yet it exceeded the estimate of $308.1 million.
- Adjusted net income stood at $112.0 million, down 23% year-on-year, but above the expected $101.2 million.
- Alain Bédard, CEO of TFI International, reported strong margin performance and solid free cash flow despite challenging market conditions.
- Leadership changes have focused teams on revenue quality and operational efficiencies.
- Analyst recommendations include 14 buys, 5 holds, and 1 sell.
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A look at Tfi International Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
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
TFI International Inc, a key player in the transportation and logistics sector, holds an optimistic long-term outlook based on the Smartkarma Smart Scores. With a solid score of 4 in Momentum, the company is showing promising signs of growth and market traction. Additionally, across the board ratings of 3 in Value, Dividend, Growth, and Resilience indicate a consistently positive performance in key areas. TFI International’s strategic focus on identifying valuable acquisitions and effectively managing its extensive network of subsidiaries positions it well for sustained success in the future.
Operating in the transportation and logistics industry across the United States, Canada, and Mexico, TFI International Inc is strategically positioned for growth and resilience. With a balanced scorecard reflecting stable dividends and strong growth potential, the company’s overall outlook remains steady. The notable momentum score further underscores TFI International’s positive trajectory, pointing towards a prosperous future within the competitive transportation and logistics landscape.
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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