TFI International (TFI) Set to Announce Quarterly Earnings on Monday

TFI International (TSE:TFIGet Free Report) will be announcing its earnings results after the market closes on Monday, October 21st. Analysts expect the company to announce earnings of C$2.63 per share for the quarter.

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

TFI International Price Performance

TFI International Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a $0.54 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $2.16 annualized dividend and a yield of ∞.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TFI. Wolfe Research raised shares of TFI International to a “strong-buy” rating in a research report on Wednesday, October 9th. National Bank Financial cut shares of TFI International from a “strong-buy” rating to a “hold” rating in a report on Friday, July 26th. Stephens cut shares of TFI International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 1st. Desjardins cut shares of TFI International from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 17th. Finally, Cormark raised shares of TFI International from a “hold” rating to a “moderate buy” rating in a report on Monday, July 15th. Three analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Check Out Our Latest Report on TFI

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Earnings History for TFI International (TSE:TFI)

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