TFII Earnings Prediction
The chart below shows how TFII performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TFII sees a -0.26% change in stock price 10 days leading up to the earnings, and a -2.76% change 10 days following the report. On the earnings day itself, the stock moves by -0.99%. This data can give you a slight idea of what to expect for the next quarter's release.
TFII Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.18B
14.31%
-3.53%
Gross Margin
43.03%
-1.51%
-2.82%
Operating Margin
9.16%
-6.63%
-0.11%
Net Margin
5.86%
-16.05%
12.69%
EPS
1.50
-2.60%
8.70%
No Data Available
TFII Earnings Analysis
TFI International Inc. Corporation (TFII.N) Earnings Conference Call
Positive
Free Cash Flow Surge: Generated strong free cash flow, which increased by 37% year-over-year to more than $270 million.
Revenue Increase Post-Acquisition: Overall revenue before fuel surcharge was up 17% year-over-year to $1.9 billion benefiting from the April acquisition of Daseke.
Operating Income Increase: Operating income of $203 million was slightly up from $201 million in the prior year quarter, equating to an operating margin of 10.7%.
Adjusted Net Income Increase: Generated adjusted net income of $137 million, slightly up from $136 million a year earlier, along with adjusted EPS of $1.60, up slightly relative to $1.57.
Debt Reduction Progress: Paid down significant debt during the quarter, ending September with an improved funded debt-to-EBITDA ratio of 2.07 versus 2.15 as of the end of June.
Negative
Operating Income Analysis: Operating income of $203 million was up slightly from $201 million in the prior year quarter and this equates to an operating margin of 10.7% versus 12.3%, a year earlier.
Asset Sale Gains Impact: Note that last year's operating income included higher net gains on sales of assets held for sales of $15 million.
Revenue Increase Post-Acquisition: Our overall revenue before fuel surcharge was up 17% year-over-year to $1.9 billion benefiting from the April acquisition of Daseke.
Logistics Segment Performance: For the third quarter of 2024, our logistics segment performed really well and our truckload operation held their own as did our Canadian LTL and P&C operation.
Revenue Increase, Income Decrease: Relative to a year ago, revenue before fuel surcharge was up 7% and operating income was down 24%, although this was largely due to higher gains on last year on asset held for sales.
TFII FAQs
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TFII Earning Call Sentiment
TFI International Inc. (TFII) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
TFII.N
-1.16%Positive
Despite a revenue increase due to the Daseke acquisition, the company faces industry challenges, declining margins, and decreased U.S. LTL revenue. The Q&A revealed management's cautious outlook on EPS and pricing pressures. A dividend increase and share repurchase program are positives, but operational inefficiencies and flat EPS guidance for 2024 weigh negatively. The overall sentiment is negative, with market concerns about declining margins and operational challenges likely impacting the stock price.
