Desjardins Has Bearish Forecast for TSE:TFI FY2025 Earnings

TFI International Inc (TSE:TFI) – Research analysts at Desjardins lowered their FY2025 earnings per share estimates for TFI International in a note issued to investors on Tuesday, October 22nd. Desjardins analyst B. Poirier now forecasts that the company will post earnings of $10.46 per share for the year, down from their previous estimate of $11.25. Desjardins currently has a “Hold” rating on the stock.

TFI International (TSE:TFI) last announced its quarterly earnings results on Thursday, July 25th. The company reported C$2.34 earnings per share for the quarter, beating the consensus estimate of C$2.17 by C$0.17. The company had revenue of C$3.10 billion for the quarter, compared to the consensus estimate of C$3.14 billion.

Several other analysts have also recently issued reports on the stock. Citigroup upgraded shares of TFI International to a “strong-buy” rating in a research note on Wednesday, October 9th. National Bank Financial lowered TFI International from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 26th. Wolfe Research upgraded TFI International to a “strong-buy” rating in a research note on Wednesday, October 9th. Stephens downgraded TFI International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Cormark upgraded shares of TFI International from a “hold” rating to a “moderate buy” rating in a research report on Monday, July 15th. Three research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

TFI International Price Performance

TFI International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.609 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $2.44 annualized dividend and a yield of ∞. This is a positive change from TFI International’s previous quarterly dividend of $0.54.