- TFI International’s adjusted earnings per share (EPS) for the third quarter was $1.60, which is lower than the expected $1.78 but higher than last year’s $1.57.
- Total revenue for TFI was $2.18 billion, a 14% increase from the previous year, though it fell short of the estimated $2.27 billion.
- The truckload segment reported significant revenue growth of 80% year-over-year, reaching $722.9 million.
- Logistics revenue saw a modest increase of 2.5% year-over-year, totaling $426.5 million.
- LTL (Less-than-Truckload) revenue rose by 7.4% year-over-year to $770.8 million.
- Operating income was $203.3 million, a slight increase of 1.3% from the previous year, but below the expected $228.4 million.
- Adjusted EBITDA was $357.2 million, marking an 18% year-over-year growth, yet missing the $371.2 million estimate.
- Adjusted net income reached $136.6 million, which is a marginal increase of 0.4% from last year, under the estimated $149.5 million.
- TFI International generated over $350 million in net cash from operating activities and more than $270 million in free cash flow, representing rises of 26% and 37%, respectively, compared to the same period last year.
- Investment sentiment includes 14 buy recommendations, 4 hold ratings, and 1 sell rating.
A look at Tfi International Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
TFI International Inc, a key player in the transportation and logistics industry, has a mixed outlook based on the Smartkarma Smart Scores. With a moderate score for value and dividend, the company’s true potential lies in its growth and momentum prospects, both scoring higher. TFI International’s strategy of identifying strategic acquisitions and effectively managing its network of subsidiaries positions it well for future growth. Operating in the United States, Canada, and Mexico, the company’s resilience score reflects its ability to navigate challenging market conditions.
In summary, TFI International Inc, a company deeply rooted in transportation and logistics, shows promise for the long term. Its focus on growth and momentum, coupled with a resilient operational model, underpins its potential for future success. With strategic expansion initiatives in play across North America, TFI International is poised to capitalize on opportunities within the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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