FY2024 Earnings Forecast for TFI International Inc Issued By National Bank Financial (TSE:TFI)

TFI International Inc (TSE:TFI) – Analysts at National Bank Financial decreased their FY2024 earnings per share estimates for shares of TFI International in a research report issued on Wednesday, September 25th. National Bank Financial analyst C. Doerksen now anticipates that the company will post earnings per share of $8.92 for the year, down from their previous forecast of $9.33. National Bank Financial has a “Hold” rating on the stock.

TFI has been the subject of a number of other reports. Desjardins lowered TFI International from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Cormark raised TFI International from a “hold” rating to a “moderate buy” rating in a research note on Monday, July 15th.

TFI International Stock Performance

TFI International (TSE:TFI) last posted its earnings results on Thursday, July 25th. The company reported C$2.34 EPS for the quarter, beating the consensus estimate of C$2.17 by C$0.17. The business had revenue of C$3.10 billion during the quarter, compared to analyst estimates of C$3.14 billion.

TFI International Cuts Dividend

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