TFI International Inc. (TFII) Reports Q1 EPS of $0.77

TFI International Inc. (NYSE: TFII) reported Q1 EPS of $0.77, versus $0.61 reported last year. Revenue for the quarter came in at $1.15 billion, versus $924.5 million reported last year.

“During a quarter that marked the one-year anniversary of both our listing on the New York Stock exchange and the pandemic outbreak across North America, TFI International produced strong year-over-year results, including a 17% increase in operating income and a 26% increase in adjusted diluted EPS,” said Alain Bédard, Chairman, President and Chief Executive Officer. “Our growth across these measures along with our expansion of cash flow, is all the more remarkable considering DSU and transactional expenses incurred, reflecting the tireless efforts of our team and our strategic moves to preserve growth opportunities during an unprecedented year. As we gain perspective on the events of 2020, it is increasingly clear that TFI International has emerged even stronger, through our relentless focus on the fundamentals, now combined with our transformative upcoming acquisition of UPS Freight. As a company, we are exceptionally well positioned to capitalize on the ongoing economic recovery to generate strong cash flow that we can put toward strategically expanding our business in our quest to create further shareholder value.”

For earnings history and earnings-related data on TFI International Inc. (TFII) click here.

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