Q3 2024 EPS Estimates for TFI International Inc Cut by National Bank Financial (TSE:TFI)

TFI International Inc (TSE:TFI) – Equities researchers at National Bank Financial reduced their Q3 2024 earnings per share (EPS) estimates for TFI International in a research note issued on Wednesday, September 25th. National Bank Financial analyst C. Doerksen now anticipates 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 has a “Hold” rating on the stock. National Bank Financial also issued estimates for TFI International’s FY2025 earnings at $11.56 EPS.

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

TFI has been the subject of several other research reports. Desjardins cut shares of TFI International from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Cormark upgraded shares of TFI International from a “hold” rating to a “moderate buy” rating in a research report on Monday, July 15th.

TFI International Price Performance

TFI International Cuts Dividend

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