TFI handily beats consensus Q2 estimates

Transport and logistics giant TFI International Inc. blew away second-quarter estimates late Thursday, leading the Montreal-based company to significantly raise its guidance for full-year earnings per share and free cash flow.

Adjusted earnings per share of $2.61 handily surpassed the $1.73 EPS analyst estimates and came close to doubling levels from the prior year’s quarter. Revenues including fuel surcharges hit $2.4 billion, a 32% gain. Adjusted operating ratio — the ratio of revenues and...

https://www.freightwaves.com/news/tfi-handily-beats-consensus-q2-estimates

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