TSX:TFIITransportation
Soft Earnings Outlook And Lower Freight Demand Might Change The Case For Investing In TFI International (TSX:TFII)
Analysts recently projected that TFI International’s upcoming quarterly report will show earnings of $0.85 per share and revenue of $1.92 billion, both down from the same period a year earlier.
The downward revision of consensus earnings estimates over the past month underscores shifting expectations for TFI International’s near-term profitability amid softer freight conditions.
Now we’ll explore how these reduced earnings expectations could affect TFI International’s existing investment...