TFI International (TSE:TFII) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
TFI International reported a successful third quarter of 2024, achieving over $2 billion in revenue, driven by strategic acquisitions despite challenging market conditions. The company generated significant cash flow, allowing it to increase its quarterly dividend by 13% and reduce debt, showcasing its financial resilience. This performance underscores TFI’s focus on operational enhancements and capitalizing on acquisitions to maintain a strong balance sheet while returning capital to shareholders.
For further insights into TSE:TFII stock, check out TipRanks’ Stock Analysis page.