Weaker trucking demand drives down profits at TFI International
- TFI International Inc. Reported a 40 percent drop in profits in its latest quarter due to weaker demand, stating a net income of US$56 million compared to US$92.8 million last year.
- The company's revenue increased by five percent year-over-year to US$1.96 billion, attributed to corporate acquisitions.
- On an adjusted basis, diluted earnings decreased by 39 percent to 76 cents US per share, down from US$1.24 the previous year.
- Analysts expected earnings of 96 cents US per share, according to financial markets firm LSEG Data & Analytics.
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Down 44% in 2025: Is TFI Stock a Buy?
TFI International (TSX:TFII) has long been a favourite among Canadian transportation investors due mainly to its solid fundamentals and impressive track record of delivering returns. But in 2025, TFI stock has taken a sharp detour — falling well over 40% amid shifting economic tides, global trade headwinds, and market-wide volatility. For many Foolish investors, the recent selloff raises an important question of whether this is a rare chance to …
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