Q4 2024 EPS Estimates for TFI International Inc Reduced by Desjardins (TSE:TFI)

TFI International Inc (TSE:TFI) – Analysts at Desjardins reduced their Q4 2024 earnings estimates for shares of TFI International in a research report issued to clients and investors on Monday, September 30th. Desjardins analyst B. Poirier now forecasts that the company will post earnings of $2.41 per share for the quarter, down from their previous estimate of $2.73. Desjardins currently has a “Hold” rating on the stock. Desjardins also issued estimates for TFI International’s FY2026 earnings at $13.34 EPS.

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

A number of other brokerages have also weighed in on TFI. Cormark upgraded TFI International from a “hold” rating to a “moderate buy” rating in a research note on Monday, July 15th. National Bank Financial lowered shares of TFI International from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 26th.

TFI International Price Performance

TFI International Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors 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 dividend on an annualized basis and a yield of ?.