National Bank Financial Weighs in on TSE:TFI FY2024 Earnings

TFI International Inc (TSE:TFI) – Research analysts at National Bank Financial upped their FY2024 EPS estimates for TFI International in a research report issued on Wednesday, December 4th. National Bank Financial analyst C. Doerksen now forecasts that the company will post earnings per share of $8.64 for the year, up from their prior forecast of $8.51. National Bank Financial also issued estimates for TFI International’s FY2025 earnings at $10.75 EPS.

TFI International (TSE:TFI) last announced its quarterly earnings data on Monday, October 21st. The company reported C$2.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$2.43 by C($0.25). The firm had revenue of C$2.98 billion during the quarter, compared to the consensus estimate of C$3.10 billion.

Other equities analysts have also issued reports about the stock. Citigroup raised shares of TFI International to a “strong-buy” rating in a research report on Wednesday, October 9th. Wolfe Research raised TFI International to a “strong-buy” rating in a research note on Wednesday, October 9th. Finally, Stephens downgraded shares of TFI International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Three analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, TFI International currently has a consensus rating of “Moderate Buy”.

TFI International Price Performance

TFI International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a $0.609 dividend. This is a boost from TFI International’s previous quarterly dividend of $0.54. This represents a $2.44 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Tuesday, December 31st.