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TFI International (NYSE:TFII) Posts Quarterly Earnings Results, Misses Estimates By $0.19 EPS

TFI International logo with Transportation background

TFI International (NYSE:TFII - Get Free Report) posted its earnings results on Monday. The company reported $1.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.79 by ($0.19), Zacks reports. TFI International had a net margin of 5.93% and a return on equity of 20.48%. The business had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period in the previous year, the firm posted $1.57 earnings per share.

TFI International Stock Performance

NYSE:TFII traded up $1.19 on Tuesday, hitting $135.90. The company's stock had a trading volume of 642,715 shares, compared to its average volume of 262,951. The company has a current ratio of 0.94, a quick ratio of 0.92 and a debt-to-equity ratio of 0.89. The stock has a fifty day moving average of $142.83 and a two-hundred day moving average of $143.12. The firm has a market capitalization of $11.50 billion, a P/E ratio of 24.14, a price-to-earnings-growth ratio of 1.51 and a beta of 1.55. TFI International has a one year low of $104.91 and a one year high of $162.13.

TFI International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $1.60 annualized dividend and a yield of 1.18%. TFI International's dividend payout ratio is 28.42%.

Analyst Ratings Changes

TFII has been the subject of a number of research analyst reports. JPMorgan Chase & Co. decreased their target price on TFI International from $184.00 to $181.00 and set an "overweight" rating for the company in a research note on Tuesday, October 8th. Cormark upgraded TFI International from a "hold" rating to a "moderate buy" rating in a report on Monday, July 15th. Citigroup started coverage on TFI International in a report on Wednesday, October 9th. They issued a "buy" rating and a $159.00 price target on the stock. Stifel Nicolaus cut their price target on TFI International from $162.00 to $158.00 and set a "buy" rating on the stock in a report on Monday. Finally, Bank of America cut their price target on TFI International from $152.00 to $143.00 and set a "neutral" rating on the stock in a report on Tuesday. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $166.50.

Read Our Latest Report on TFI International

About TFI International

(Get Free Report)

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.

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Earnings History for TFI International (NYSE:TFII)

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