Core Viewpoint - A class action lawsuit has been filed against TFI International Inc. for alleged misleading statements and failure to disclose critical business issues during the Class Period from April 26, 2024, to February 19, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that TFI International made false and/or misleading statements regarding its business operations, including losing small and medium business customers and declining revenue in its TForce Freight segment [5]. - It is alleged that TFI was experiencing difficulties in managing costs, leading to a decline in profitability for its largest business segment [5]. - The lawsuit asserts that the positive statements made by TFI's management lacked a reasonable basis and were materially misleading [5]. Group 2: Participation Information - Shareholders who purchased TFI International securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must file a motion with the court by May 13, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in representing shareholder interests [4].

LOS ANGELES, March 17, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against TFI International Inc. ("TFI" or "the Company") (NYSE: TFII) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between April 26, 2024 and February 19, 2025, inclusive (the "Class Period"), ...

Group 1 - TFI International Inc. will remain a Canadian corporation and will not proceed with its plan to re-domicile to the United States based on shareholder feedback [1] - TFI International is a leader in the North American transportation and logistics industry, operating in the United States, Canada, and Mexico [2] - The company focuses on creating shareholder value through strategic acquisitions and managing a network of wholly-owned subsidiaries [2] Group 2 - TFI International operates in various segments including Less-Than-Truckload, Truckload, and Logistics [4]

TFI International Inc. (NYSE:TFII) Q4 2024 Earnings Conference Call February 20, 2025 8:30 AM ET Company Participants Alain Bedard - Chairman, President & Chief Executive Officer Conference Call Participants Ravi Shanker - Morgan Stanley Jordan Alliger - Goldman Sachs Ken Hoexter - Bank of America Walter Spracklin - RBC Capital Markets Brian Ossenbeck - JPMorgan Scott Group - Wolfe Research Bruce Chan - Stifel Tom Wadewitz - UBS Benoit Poirier - Desjardins Capital Markets Daniel Imbro - Stephens Konark Gupt ...

Core Insights - TFI International Inc. reported revenue of $2.08 billion for the quarter ended December 2024, reflecting a year-over-year increase of 5.5% but a revenue surprise of -6.89% compared to the Zacks Consensus Estimate of $2.23 billion [1] - The company's EPS was $1.19, down from $1.71 in the same quarter last year, resulting in an EPS surprise of -25.16% against the consensus estimate of $1.59 [1] Financial Performance Metrics - Adjusted Operating Ratio for Truckload was reported at 91.5%, higher than the average estimate of 89.6% from three analysts [4] - Adjusted Operating Ratio for Less-Than-Truckload was 90.3%, compared to the estimated 89.7% [4] - Overall Adjusted Operating Ratio was 91.2%, exceeding the average estimate of 89.2% [4] - Canadian LTL tonnage was 609 KTons, below the estimated 642.95 KTons [4] - U.S. LTL tonnage was reported at 811 KTons, compared to the average estimate of 860.18 KTons [4] - Canadian LTL Adjusted Operating Ratio was 81%, higher than the average estimate of 78.8% [4] - Revenue before fuel surcharge was $1.83 billion, lower than the estimated $1.98 billion, but showed a year-over-year increase of 9.1% [4] - Fuel surcharge revenue was $250.21 million, below the average estimate of $267.98 million [4] - Revenue from Logistics was $410.20 million, significantly lower than the estimated $466.72 million, representing a year-over-year decline of 13% [4] - Revenue from Less-Than-Truckload was $737.30 million, exceeding the average estimate of $722.18 million, with a year-over-year increase of 5.9% [4] - Revenue from Truckload was reported at $693.20 million, below the estimated $771.47 million, but showed a substantial year-over-year increase of 73.6% [4] Stock Performance - TFI International's shares have returned -5.7% over the past month, contrasting with the Zacks S&P 500 composite's increase of +2.4% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Core Viewpoint - TFI International Inc. reported quarterly earnings of $1.19 per share, missing the Zacks Consensus Estimate of $1.59 per share, representing a -25.16% earnings surprise [1][2] Financial Performance - The company posted revenues of $2.08 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 6.89%, compared to $1.97 billion in the same quarter last year [2] - Over the last four quarters, TFI International has surpassed consensus EPS estimates only once [2] Stock Performance - TFI International shares have declined approximately 5.5% since the beginning of the year, while the S&P 500 has gained 4.2% [3] - The current Zacks Rank for TFI International is 4 (Sell), indicating expected underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.54 on revenues of $2.27 billion, and for the current fiscal year, it is $7.76 on revenues of $9.25 billion [7] - The trend for estimate revisions ahead of the earnings release was unfavorable, which may impact future stock performance [6] Industry Context - The Transportation - Services industry, to which TFI International belongs, is currently ranked in the bottom 29% of over 250 Zacks industries, suggesting potential challenges for stocks in this sector [8]

Core Insights - TFI International Inc. reported solid performance in Q4 2024, generating over $260 million in net cash from operating activities and over $200 million in free cash flow, maintaining a full-year free cash flow of over $750 million for the third consecutive year [2][4][32] - The company reduced debt and executed targeted acquisitions, alongside a 13% increase in quarterly dividends, indicating a strong financial position and commitment to returning capital to shareholders [2][17] Financial Highlights - Total revenue for Q4 2024 was $2.08 billion, up from $1.97 billion in Q4 2023, with revenue before fuel surcharge at $1.83 billion compared to $1.67 billion in the prior year [3][4] - Adjusted EBITDA for Q4 2024 was $315.3 million, slightly down from $320.9 million in Q4 2023, while operating income decreased to $160.2 million from $198.3 million [3][5][10] - Net income for Q4 2024 was $88.1 million, down from $131.4 million in Q4 2023, with diluted EPS at $1.03 compared to $1.53 in the prior year [6][11] Segment Performance - The Truckload segment saw a 64% revenue increase, primarily due to the acquisition of Daseke, while the Less-Than-Truckload and Logistics segments experienced declines of 13% and 14%, respectively [8][12] - Operating income in the Truckload segment increased by 18%, while the Less-Than-Truckload and Logistics segments declined by 34% and 22%, respectively [8] Full-Year Results - Total revenue for 2024 was $8.40 billion, up from $7.52 billion in 2023, with revenue before fuel surcharge at $7.30 billion compared to $6.42 billion the previous year [9][11] - Full-year operating income totaled $719.0 million, down from $757.6 million in 2023, attributed to weaker market demand and reduced gains from asset sales [10][11] Cash Flow and Shareholder Returns - Net cash from operating activities for 2024 was $1.06 billion, compared to $1.01 billion in 2023, while free cash flow was $768.6 million, slightly down from $775.9 million [16][32] - The company returned $75.6 million to shareholders in Q4 2024, including $33.1 million in dividends and $42.4 million in share repurchases [17] Strategic Initiatives - TFI International plans to pursue re-domiciliation from Canada to the United States, reflecting its operational focus, with approximately 70% of its operations based in the U.S. [18]

Core Viewpoint - The market anticipates TFI International Inc. (TFII) will report a year-over-year decline in earnings despite an increase in revenues when it releases its results for the quarter ended December 2024 [1] Earnings Expectations - TFI International is expected to post quarterly earnings of $1.59 per share, reflecting a year-over-year decrease of 7% [3] - Revenues are projected to reach $2.23 billion, which is a 13.3% increase from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised down by 1.92% over the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for TFI International is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.61% [10][11] Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of a potential earnings beat, especially when combined with a favorable Zacks Rank [8] - TFI International currently holds a Zacks Rank of 5, which complicates the prediction of an earnings beat despite the positive Earnings ESP [11] Historical Performance - In the last reported quarter, TFI International was expected to earn $1.79 per share but only achieved $1.60, resulting in a surprise of -10.61% [12] - Over the past four quarters, the company has exceeded consensus EPS estimates twice [13] Conclusion - While TFI International does not appear to be a strong candidate for an earnings beat, investors should consider other factors before making investment decisions [16]

Group 1 - TFI International Inc. will release its financial results for Q4 2024 on February 19, 2025, after market close [1] - A webcast will be hosted by Alain Bédard, Chairman, President, and CEO, on February 20, 2025, at 8:30 AM Eastern Time to discuss the results [1][3] - TFI International operates in the transportation and logistics industry across the U.S., Canada, and Mexico, focusing on strategic acquisitions and efficiency [2] Group 2 - TFI International is publicly traded on the NYSE and TSX under the symbol TFII [2] - The company services various segments including Less-Than-Truckload, Truckload, and Logistics [4]

MONTREAL, Dec. 16, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, declared a quarterly dividend of US $0.45 per outstanding common share of its capital payable on January 15, 2025 to shareholders of record at the close of business on December 31, 2024. As previously announced on October 21, 2024, the new quarterly dividend of US $0.45 per outstanding common share represents a 13% increase o ...