TFI International (TFI) to Release Quarterly Earnings on Monday

TFI International (TSE:TFI) is set to release its earnings data after the market closes on Monday, October 21st. Analysts expect TFI International to post earnings of C$2.63 per share for the quarter.

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 business had revenue of C$3.10 billion during the quarter, compared to analyst estimates of C$3.14 billion.

TFI International Price Performance

TFI International Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of ?. The ex-dividend date of this dividend was Friday, September 27th.

Wall Street Analysts Forecast Growth

TFI has been the topic of several analyst reports. Citigroup raised shares of TFI International to a “strong-buy” rating in a research report on Wednesday, October 9th. Cormark upgraded TFI International from a “hold” rating to a “moderate buy” rating in a report on Monday, July 15th. Desjardins cut TFI International from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Stephens lowered shares of TFI International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, National Bank Financial downgraded shares of TFI International from a “strong-buy” rating to a “hold” rating in a report on Friday, July 26th. Three equities research 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 has an average rating of “Moderate Buy”.