Reported about 15 hours ago
TFI International's second quarter earnings revealed a drop in key metrics compared to 2Q 2024, despite the company beating Wall Street estimates on net income. CEO Alain Bedard highlighted strong cash flow and margin performance, even as the U.S. LTL division faced operational declines, including a 10.1% drop in the number of shipments. While adjusted net income per share decreased from $1.71 to $1.34, market reactions were positive, boosting TFI stock after the earnings announcement.
Source: YAHOO