Noticias y eventos de TFI International Inc (TFII)TFIITFI International Inc

TFI International Q2 Revenue $2.29B Beats Expectations

Reports Q2 revenue $2.29B, consensus $2.22B. "All three of our business segments generated stronger revenue and higher operating income during the second quarter allowing us to beat our earnings outlook, thanks to the impressive efforts of our team and our strategic investments in recent years that are beginning to drive results," said Alain Bedard, Chairman, President and Chief Executive Officer. "Our Truckload segment in particular had a strong quarter with operating income up a full 50%, benefiting from TFI's diversified industrial end markets and our strength in specialized and flatbed, as well as our team's success reducing capital intensity. Both LTL and Logistics saw double-digit operating income growth as well, and we see encouraging incremental pricing opportunities especially within LTL. Our strong performance across the board drove solid free cash flow of more than $200 million that further supports our balance sheet strength and ability to strategically invest to tap into the attractive freight opportunities ahead, while returning excess capital to shareholders whenever possible."