NFI Group Q1 2023 Earnings Report

NFI Group EPS Results

• Actual EPS: -C$0.66
• Consensus EPS: -C$0.75
• Beat/Miss: Beat by +C$0.09
• One Year Ago EPS: N/A

NFI Group Revenue Results

• Actual Revenue: $709.16 million
• Expected Revenue: $703.02 million
• Beat/Miss: Beat by +$6.14 million
• YoY Revenue Growth: N/A

NFI Group Announcement Details

• Quarter: Q1 2023
• Date: 5/4/2023
• Time: N/A

NFI Group (TSE:NFI), together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses. The Aftermarket Operations segment engages in the sale of aftermarket parts for transit buses, coaches, and medium-duty/cutaway buses. In addition, the company offers heavy-duty transit buses under the New Flyer brand; single and double-deck buses under the Alexander Dennis brand; motor coaches under the Plaxton and MCI brands; and low-floor cutaway and medium-duty buses under the ARBOC brand, as well as provides aftermarket parts sales under the NFI Parts brand. It also engages in supply, installation, and commissioning of electric vehicle chargers, and constructs the related charging infrastructure; motor and pre-owned coach; and fiberglass reinforced polymer components. NFI Group Inc. was founded in 1895 and is headquartered in Winnipeg, Canada.