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TFI Worldwide (TFII) Q3 Earnings: Taking a Take a look at Key Metrics Versus Estimates

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TFI Worldwide Inc. (TFII) reported $2.18 billion in income for the quarter ended September 2024, representing a year-over-year enhance of 14.3%. EPS of $1.60 for a similar interval compares to $1.57 a yr in the past.

The reported income compares to the Zacks Consensus Estimate of $2.28 billion, representing a shock of -4.01%. The corporate delivered an EPS shock of -10.61%, with the consensus EPS estimate being $1.79.

Whereas traders scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.

As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders undertaking a inventory’s value efficiency extra precisely.

Right here is how TFI Worldwide carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:

  • Adjusted Working Ratio – Truckload: 90.3% in comparison with the 87.9% common estimate based mostly on three analysts.
  • Adjusted Working Ratio – Much less-Than-Truckload: 87.3% versus 87.2% estimated by three analysts on common.
  • Adjusted Working Ratio: 89.3% in comparison with the 88.9% common estimate based mostly on three analysts.
  • Canadian LTL – Tonnage: 611 KTons versus the two-analyst common estimate of 664.46 KTons.
  • U.S. LTL – Tonnage: 887 KTons in comparison with the 914.25 KTons common estimate based mostly on two analysts.
  • Canadian LTL – Adjusted working ratio: 76.3% in comparison with the 76% common estimate based mostly on two analysts.
  • Income earlier than gasoline surcharge: $1.91 billion versus the four-analyst common estimate of $1.94 billion. The reported quantity represents a year-over-year change of +16.7%.
  • Gasoline surcharge: $279.25 million versus the three-analyst common estimate of $298.28 million. The reported quantity represents a year-over-year change of +0.4%.
  • Income- Logistics: $426.50 million in comparison with the $478.58 million common estimate based mostly on two analysts. The reported quantity represents a change of +2.5% yr over yr.
  • Income- Much less-Than-Truckload: $770.80 million versus the two-analyst common estimate of $864.99 million. The reported quantity represents a year-over-year change of +7.4%.
  • Income- Eliminations: -$14.80 million in comparison with the -$12.50 million common estimate based mostly on two analysts. The reported quantity represents a change of +3.5% yr over yr.
  • Income- Truckload: $722.90 million versus $605.83 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +80.1% change.

View all Key Company Metrics for TFI International here>>>

Shares of TFI Worldwide have returned -5.3% over the previous month versus the Zacks S&P 500 composite’s +4.5% change. The inventory at present has a Zacks Rank #4 (Promote), indicating that it may underperform the broader market within the close to time period.

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