TFII missed estimates, but the dividend was increased by 14%. EPS was $1.57 vs $2.01 last year, and below estimates of $1.73. Revenue of $1.91B was down 15%, but matched estimates. Truckload revenue was the weakess area, down 21%. EBITDA fell 13% to $302.5M, missing estimates of $315M. TFII's 10% share buyback was renewed. TFII managed costs fairly well, but is seeing an impact of slowing customer/consumer demand. The stock is up 17% this year and could see some profit-taking. It remains a good company but economically sensisitive. It may not do much until there is a clearer picture on growth/interest rates.
5i Research Answer: