TFI International has beaten EPS estimates in three of its last four reported quarters. But its next earnings report comes with mixed signals: one set of estimates has moved higher, while another points lower.
TFI International Inc. (TSX: TFII), also known as TFII.TO, is scheduled to report third-quarter 2026 results after markets close on Thursday, October 29. The company will discuss the results on a webcast Friday, October 30, at 8:30 a.m. ET.
Recent earnings trend
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TFI International Inc
TFII.TO
TFII.TO
TFI International Inc
WealthAwesomeMarket cap
$12.91B
P/E
28.0x
Div. yield
1.15%
Div. / share
$1.86
52W high
$232.19
52W low
$111.90
1W change
-0.55%
Beta
1.47
Analyst Price Targets
Based on analyst covering TFII · as of Oct 26, 2026
Wall Street analysts forecast TFII stock price to rise 43.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$224.75
+43.2% Upside
Previously C$225.19 on Oct 23, 2026
Current Price
C$156.93
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TFII's historical volatility
30-Day Vol
25.1%
Annualized
90-Day Vol
32.9%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$131.27
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$147.86 | C$135.60 – C$161.23 |
| 60 trading days | C$139.32 | C$123.27 – C$157.46 |
| 90 trading days | C$131.27 | C$112.99 – C$152.50 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 14 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-29 | — | 1.7400 | — |
| 2026-06-30 | 2026-07-27 | 1.8500 | 1.5900 | +16.4% |
| 2026-03-31 | 2026-04-27 | 0.6900 | 0.6100 | +13.1% |
| 2025-12-31 | 2026-02-17 | 1.0900 | 0.8500 | +28.2% |
| 2025-09-30 | 2025-10-30 | 1.2000 | 1.2000 | +0.0% |
| 2025-06-30 | 2025-07-28 | 1.3400 | 1.2300 | +8.9% |
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For the quarter ended September 30, the supplied earnings-trends data puts consensus EPS at C$1.65, based on 14 analysts. Estimates range from C$1.48 to C$1.86. Revenue consensus is C$2.15 billion, based on 10 analysts. Those figures imply year-over-year growth of 37.3% in EPS and 9.1% in revenue.
Investor takeaway: TFI’s recent results give investors a reason to watch for another EPS beat. The company topped estimates in three of its last four reported quarters, including by 16.35% in June. Still, another beat is far from certain. The supplied consensus has risen over the past month, while a separate preview cited a lower estimate and a negative surprise indicator. Investors should focus on the results and management’s comments on its transportation and logistics operations, rather than assume the recent beat rate will continue.
C$1.65
That’s the supplied consensus EPS for the quarter ended September 30, based on 14 analysts. Estimates range from C$1.48 to C$1.86. The same data set puts revenue consensus at C$2.15 billion. A separate preview cited different consensus figures, so check which estimates your data provider uses.
Bull case
TFI beat its supplied EPS estimates in each of the last three reported quarters. The current earnings-trends consensus has also risen from C$1.57 to C$1.65 over the past 30 days, with five upward revisions and none downward. Forecasts point to year-over-year growth in both EPS and revenue. If the results match those expectations, they could support the recent earnings momentum.
Bear case
The estimates don’t all point in the same direction. A company preview published October 22 cited a different EPS consensus and said the estimate had been revised lower. The supplied trends data, by contrast, shows upward revisions.
TFI shares closed at C$156.93, below their 50-day and 200-day moving averages, and fell 8.03% over the past month. That doesn’t predict the results, but it shows why investors may be cautious if the numbers or management’s comments disappoint.
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