TFI International Q3 EPS of $1.67, driven by strong truckload performance
TFII TFI International Inc
$94.33 -0.42%
View chart & analysis → - 1TFI International (TFII) reported adjusted earnings per share of $1.67 for the third quarter. This is an increase of nearly 40% from $1.20 in the previous year.
- 2Operating income rose 17% to $180 million, while truckload operating income nearly doubled to $100 million.
- 3U.S. less-than-truckload performance was weak due to density issues and third-party logistics weight, and the six-year alliance with UPS ends in early 2027.
So what's the key point?
TFI International increased its profits by nearly 40% in the third quarter. While truckload performance was strong, the U.S. less-than-truckload business was weak, making it a key area to improve.
Source The Motley Fool +1 · View original ↗
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