Latest news with #TFII
Yahoo
2 days ago
- Business
- Yahoo
First look: Most metrics at TFI are down from 2Q 2024 but Bedard touts higher margin
The earnings report at diversified carrier TFI International (NYSE: TFII) beat Wall Street estimates on the bottom line, but virtually every operational metric in its key LTL division, including the U.S. operations that house the former UPS Freight acquisition, was lower compared to the second quarter of 2024. But in the first moments of the company's earning call with analysts, CEO Alain Bedard noted 'strong' free cash flow figures and 'solid margin performance.' He also cited sequential improvement in operating ratio at the LTL operations. And Wall Street liked what it heard, with post-close trading boosting TFI stock by about 6.25%. The operating ratio (OR) at U.S. LTL in the second quarter ballooned to 94% from 90.8% in the corresponding quarter of 2024. Revenue per hundredweight excluding fuel fell just under 2% to $331.18. In a prepared statement released with the earnings, TFI noted the one bright spot in the U.S. LTL operations, an increase in weight per shipment of just over 5%. But the rest of the countdown of various measures was all negative: a 10.1% drop in the number of shipments and a 5.5% decline in the total level of shipments as measured in tons. Canadian LTL, which has been the example that TFI management has said it wants to emulate in the U.S., suffered a worse decline in its OR, dropping 500 bps to 80.6%. Revenue per hundredweight excluding fuel was down 3.56%. The truckload operations at TFI suffered the same sort of weak quarter that has been showing up in other earnings reports from truckload carriers. Revenue before fuel was down about 3.4%, adjusted EBITDA was down a little more, but revenue per truck per week excluding fuel was down only a small amount. The adjusted OR in truckload declined 110 bps to 90.1%. TFI's overall adjusted net income of $1.34 per share was down from $1.71 in the corresponding quarter a year earlier. However, according to SeekingAlpha, it was still 11 cents better than forecasts. Total revenue of $1.8 billion was down 9.4% from a year earlier. It was also $20 million less than the Wall Street consensus, according to SeekingAlpha. By the close of trading Monday, TFI stock was down about 41.3% in the last 12 months before the post-market increase. , More articles by John Kingston Yet another broker liability case, this time in the Fifth Circuit, adds to the growing mix Ryder's used vehicle numbers show a bullish corner: tractor sales Five takeaways from the State of Freight for July: What earnings and the indices are saying about the market The post First look: Most metrics at TFI are down from 2Q 2024 but Bedard touts higher margin appeared first on FreightWaves.
Yahoo
21-07-2025
- Business
- Yahoo
Earnings Preview: TFI International Inc. (TFII) Q2 Earnings Expected to Decline
TFI International Inc. (TFII) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 28. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus Estimate This company is expected to post quarterly earnings of $1.25 per share in its upcoming report, which represents a year-over-year change of -26.9%. Revenues are expected to be $2.06 billion, down 9.1% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 3.56% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for TFI International? For TFI International, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -3.16%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that TFI International will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that TFI International would post earnings of $0.95 per share when it actually produced earnings of $0.76, delivering a surprise of -20.00%. Over the last four quarters, the company has beaten consensus EPS estimates just once. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. TFI International doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TFI International Inc. (TFII) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
Malaysian Reserve
01-05-2025
- Business
- Malaysian Reserve
TFII LAWSUIT ALERT: The Gross Law Firm Notifies TFI International Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
NEW YORK, May 1, 2025 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of TFI International Inc. (NYSE: TFII). Shareholders who purchased shares of TFII during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: CLASS PERIOD: April 26, 2024 to February 19, 2025 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company was losing small and medium business customers; (2) as a result, the Company's TForce revenue was declining; (3) TFI was experiencing difficulties managing its costs; (4) as a result of the foregoing, the profitability of its largest business segment was declining; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. DEADLINE: May 13, 2025 Shareholders should not delay in registering for this class action. Register your information here: NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of TFII during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 13, 2025. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:The Gross Law Firm15 West 38th Street, 12th floorNew York, NY, 10018Email: dg@ (646) 453-8903
Yahoo
25-03-2025
- Business
- Yahoo
SPESA 2025 to focus on future of US apparel manufacturing tech
The sewn products industry will gather for the annual event on 3 April 2025 at the Austin Central Library in Texas, US. The SPESA Advancements in Manufacturing Technologies Conference is a comprehensive one-day event filled with informative sessions aimed at educating attendees about emerging ideas, solutions, and technologies that are shaping the future of the sewn products sector. The event is designed for entities involved in the production of sewn goods, encompassing manufacturers, brands, retailers, suppliers, and key players within the industry. It provides a platform to engage directly with innovators responsible for the next wave of technological breakthroughs in the fabrication of textiles and related merchandise. During the conference, presenters will share insights into their manufactured goods and delve into the ongoing challenges they aim to address to enhance productivity, expedite processes, and refine precision within the realm of sewn products manufacturing. This year's conference will cover a range of universal themes pertinent to various markets, including the integration of AI and automation, strategies for sourcing materials, and the expansion of manufacturing capabilities. Additionally, the event will place a significant emphasis on domestic production within the US and the strategic advantages of nearshoring. SPESA has partnered with the Texas Fashion Industry Initiative (TFII), with aims to introduce participants to Texas' rapidly growing fashion sector. The day will commence with a TFII-organised panel discussion, providing insights into the manufacturing prospects and hurdles within the state. Tony Anzovino, director of Product Development & Sourcing at Dillard's, will bring his extensive background from Abercrombie & Fitch and Haggar Clothing to a session on global sourcing dynamics. A subsequent session on AI & Automation will feature Frank Henderson of Henderson Sewing Machine, Yong Jin from Leridge, and Geoff Taylor from Tukatech. This panel of SPESA members plans to discuss recent advancements in automated sewing, material handling, and the integration of AI within factory operations. The conference's Hot Topic Session two will be spearheaded by Justin Hershoran and Anthony Mele from Aptean. The discussion titled "Made in America: Turning Demand into Manufacturing Opportunity" will examine how automation, AI technology, and workforce training can empower manufacturers to scale up operations, retain skilled workers, and seize emerging market opportunities through an interactive dialogue focusing on practical solutions for reshoring success. Nina Means from the Austin Community College Fashion Incubator will join forces with SPESA member Lectra to explore how they are fostering excitement, education, and investment in Austin's fashion scene. They will discuss Industry 4.0 trends and how the Fashion Incubator is capitalising on technological advancements in the industry. The conference will conclude with a forward-looking session on academia's influence in cultivating future industry leaders. In October last year, the SPESA hosted its first 2024 executive conference in Montréal, Quebec, bringing together industry leaders to discuss manufacturing innovations, sustainability initiatives, and emerging technologies in the sewn products sector. "SPESA 2025 to focus on future of US apparel manufacturing tech" was originally created and published by Just Style, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
24-02-2025
- Business
- Yahoo
Is It Time To Consider Buying TFI International Inc. (TSE:TFII)?
TFI International Inc. (TSE:TFII), is not the largest company out there, but it received a lot of attention from a substantial price movement on the TSX over the last few months, increasing to CA$218 at one point, and dropping to the lows of CA$135. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether TFI International's current trading price of CA$135 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at TFI International's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. View our latest analysis for TFI International Great news for investors – TFI International is still trading at a fairly cheap price according to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 18.93x is currently well-below the industry average of 27.65x, meaning that it is trading at a cheaper price relative to its peers. However, given that TFI International's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility. Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. TFI International's earnings over the next few years are expected to increase by 46%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. Are you a shareholder? Since TFII is currently trading below the industry PE ratio, it may be a great time to increase your holdings in the stock. With an optimistic profit outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current price multiple. Are you a potential investor? If you've been keeping an eye on TFII for a while, now might be the time to make a leap. Its prosperous future profit outlook isn't fully reflected in the current share price yet, which means it's not too late to buy TFII. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. At Simply Wall St, we found 2 warning signs for TFI International and we think they deserve your attention. If you are no longer interested in TFI International, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
