TFI International Q1 EPS $1.24 Misses $1.36 Estimate, Sales $1.87B Miss $1.90B Estimate
Portfolio Pulse from Benzinga Newsdesk
TFI International (NYSE:TFII) reported Q1 earnings of $1.24 per share, missing the consensus estimate of $1.36, and sales of $1.87B, missing the estimate of $1.90B. This represents a decrease in earnings and a slight increase in sales compared to the same period last year.
April 25, 2024 | 8:25 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
TFI International reported lower-than-expected Q1 earnings and sales, indicating potential short-term pressure on its stock price.
Missing both earnings and sales estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. The reported decrease in earnings and slight miss in sales expectations could lead to short-term selling pressure on TFII.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100