TFI International reports Q2 adjusted EPS $1.34, consensus $1.23

Reports Q2 revenue $2.04B, consensus $2.06B. “We delivered strong margin performance across all business segments which drove another quarter of solid free cash flow for TFI International (TFII),” said Alain Bedard, CEO “New segment leadership has sharpened our teams’ focus on our fundamental principles, including quality of revenue and operational efficiencies, enabling us to perform despite still-subdued market conditions. Combined with our strong balance sheet, this quarter’s results demonstrate we are well positioned to capitalize on future demand while continuing to make strategic investments to drive long-term profitability. I am pleased that during the quarter we were able to again return significant capital to shareholders through our consistent dividend and by actively repurchasing our shares, underscoring our dedication to delivering long-term shareholder value.”