TFI International Q3 2023 Earnings Report

TFI International EPS Results

• Actual EPS: $1.57
• Consensus EPS: $1.73
• Beat/Miss: Missed by -$0.16
• One Year Ago EPS: $2.01

TFI International Revenue Results

• Actual Revenue: $1.91 billion
• Expected Revenue: $1.88 billion
• Beat/Miss: Beat by +$34.27 million
• YoY Revenue Growth: -14.80%

TFI International Announcement Details

• Quarter: Q3 2023
• Date: 10/23/2023
• Time: After Market Closes

TFI International Inc., together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America. The LTL segment is involved in the pickup, consolidation, transportation, and delivery of smaller loads. The TL segment offers expedited transportation, flatbed, tank, container, and dedicated services. This segment also carries full loads directly from the customer to the destination using a closed van or specialized equipment. The Logistics segment provides asset-light logistics services, including brokerage, freight forwarding, and transportation management, as well as small package parcel delivery. As of December 31, 2023, it operates 11,455 trucks, 34,599 trailers, and 7,504 independent contractors. The company was formerly known as TransForce Inc. and changed its name to TFI International Inc. in December 2016. TFI International Inc. was founded in 1957 and is headquartered in Saint-Laurent, Canada.