$0.37 EPS Expected for TFI International Inc (NYSE:TFII) This Quarter

Brokerages expect TFI International Inc (NYSE:TFII) to report $0.37 earnings per share for the current fiscal quarter, according to Zacks. Five analysts have made estimates for TFI International’s earnings. The highest EPS estimate is $0.51 and the lowest is $0.28. The firm is scheduled to issue its next earnings report on Tuesday, July 21st.

On average, analysts expect that TFI International will report full-year earnings of $1.96 per share for the current financial year, with EPS estimates ranging from $1.50 to $2.44. For the next year, analysts expect that the business will post earnings of $2.66 per share, with EPS estimates ranging from $2.28 to $3.03. Zacks’ EPS averages are an average based on a survey of research firms that that provide coverage for TFI International.

TFI International (NYSE:TFII) last released its quarterly earnings data on Tuesday, April 21st. The company reported $0.62 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.13. The firm had revenue of $924.95 million for the quarter, compared to analyst estimates of $879.19 million.

TFII has been the subject of several recent analyst reports. Cowen lowered their target price on shares of TFI International from $46.00 to $35.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Morgan Stanley initiated coverage on shares of TFI International in a research note on Wednesday, June 10th. They set an “overweight” rating and a $40.00 target price for the company. CIBC raised shares of TFI International from an “underperform” rating to a “neutral” rating in a research note on Monday, June 15th. Credit Suisse Group initiated coverage on shares of TFI International in a research note on Monday, June 8th. They set an “outperform” rating and a $39.00 target price for the company. Finally, JPMorgan Chase & Co. lowered their target price on shares of TFI International from $36.00 to $32.00 and set an “overweight” rating for the company in a research note on Thursday, April 23rd. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. TFI International has a consensus rating of “Buy” and a consensus price target of $36.50.

TFI International stock traded up $0.18 during midday trading on Friday, hitting $33.59. 123,200 shares of the stock were exchanged, compared to its average volume of 142,658. TFI International has a fifty-two week low of $15.24 and a fifty-two week high of $36.65. The stock’s 50-day moving average price is $30.38.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.189 dividend. This represents a $0.76 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend is Monday, June 29th.

TFI International Company Profile

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload, Truckload, and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items.

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