FY2024 EPS Estimates for TSE:TFI Decreased by Analyst

TFI International Inc (TSE:TFI) – Analysts at National Bank Financial reduced their FY2024 earnings per share estimates for TFI International in a report released on Tuesday, October 22nd. National Bank Financial analyst C. Doerksen now anticipates that the company will post earnings of $8.51 per share for the year, down from their prior estimate of $8.92. National Bank Financial has a “Hold” rating on the stock.

TFI International (TSE:TFI) last announced its quarterly earnings data on Thursday, July 25th. The company reported C$2.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$2.17 by C$0.17. The firm had revenue of C$3.10 billion during the quarter, compared to analysts’ expectations of C$3.14 billion.

Other equities analysts have also issued research reports about the company. Wolfe Research raised TFI International to a “strong-buy” rating in a research note on Wednesday, October 9th. Desjardins lowered shares of TFI International from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Stephens downgraded shares of TFI International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Cormark upgraded shares of TFI International from a “hold” rating to a “moderate buy” rating in a report on Monday, July 15th. Finally, Citigroup upgraded TFI International to a “strong-buy” rating in a research note on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

TFI International Price Performance

TFI International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.609 dividend. This is a positive change from TFI International’s previous quarterly dividend of $0.54. The ex-dividend date is Tuesday, December 31st. This represents a $2.44 annualized dividend and a dividend yield of ?.