National Bank Financial Comments on TFI International Inc’s Q3 2024 Earnings (TSE:TFI)

TFI International Inc (TSE:TFI) – Research analysts at National Bank Financial cut their Q3 2024 earnings estimates for TFI International in a note issued to investors on Wednesday, September 25th. National Bank Financial analyst C. Doerksen now forecasts that the company will post earnings of $2.51 per share for the quarter, down from their prior estimate of $2.76. National Bank Financial currently has a “Hold” rating on the stock. National Bank Financial also issued estimates for TFI International’s FY2025 earnings at $11.56 EPS.

A number of other research analysts also recently issued reports on TFI. Cormark upgraded shares of TFI International from a “hold” rating to a “moderate buy” rating in a research report on Monday, July 15th. Desjardins cut shares of TFI International from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, July 17th.

TFI International Stock Performance

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

TFI International Cuts Dividend

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