NYSE$TFII

TFI International Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

TFII Q2 2023 — extraction skipped

TFI International Inc filed Form 6-K/A (accession 0000950170-24-086859) for Q2 2023, but headline financial numerics could not be extracted automatically: no headline numerics found by parser nor by Financial Datasets fallback. The row is marked as AI-processed so the queue advances; numerics will be filled by Financial Datasets on its next pass.

  • Form 6-K/A filed; press release body not parseable here.
  • Reason: no headline numerics found by parser nor by Financial Datasets fallback.
  • Numerics rely on the Financial Datasets fallback.

Headline financials

Total Revenue

$2.26B

No prior period
EPS (adj)

$1.71

No prior period
Capital Expenditures

-$121M

No prior period
Free Cash Flow

$128M

No prior period
Net Income

$118M

No prior period
Operating Income

$208M

No prior period
Gross Profit

$327M

No prior period

Revenue & EPS history

TFI · Revenue · Quarterly

$2.26B

Q2 2023
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Revenue by segment

TFI · $1.81B total across 3 segments · Q2 2025

  • Truckload
    $712M
  • Less-Than-Truckload
    $704M
  • Logistics
    $393M

Forward guidance

The company's forward-looking statements indicate a focus on strategic investments and returning excess capital to shareholders, while acknowledging the challenges of a competitive market and economic conditions.

Tailwinds

  • Ability to create value through strategic investment regardless of market conditions.
  • Commitment to returning excess capital to shareholders.
  • Strong cash flow generation to support strategic initiatives.
  • Continued focus on integrating acquired operations effectively.
  • Improvements in US LTL operations, including tonnage, weight per shipment, and revenue per shipment.

Headwinds

  • Highly competitive market conditions.
  • Challenges in recruiting, training, and retaining qualified drivers.
  • Potential impact of fuel price variations and ability to recover costs from customers.
  • Risks associated with foreign currency fluctuations and changes in environmental standards and regulations.
  • Potential adverse effects from material weaknesses in internal control over financial reporting.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 5 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

+0.4%

Avg return

Earnings day

+1.0%

Avg return

5 days after

-2.8%

Avg return

30 days after

17%

1 / 6 earnings

Positive

+3.9%

Q2 2025

Best reaction

-0.8%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.0%+4.1%
Q2 2025+3.9%-5.6%+4.4%
Q3 2023-0.7%-1.5%-2.5%
Q2 2023+0.0%+1.2%+5.5%
Q1 2023-0.2%+2.4%-15.0%
Q4 2022-0.8%+5.2%-6.4%

Discussion

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