TFII - Unlocking Q1 Potential of TFI International: Exploring Wall Street Estimates for Key Metrics | Benzinga
The upcoming report from TFI International Inc. (NYSE: TFII) is expected to reveal quarterly earnings of $1.41 per share, indicating an increase of 6% compared to the year-ago period. Analysts forecast revenues of $1.9 billion, representing an increase of 2.6% year over year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, ...