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Bullboard - Stock Discussion Forum TFI International Inc T.TFII

Alternate Symbol(s):  TFII

TFI International Inc. is a transportation and logistics company, operating across the United States and Canada through its subsidiaries. The Company's segments include Package and Courier, Less-Than-Truckload, Less-Than-Truckload, and Logistics. The Package and Courier segment is engaged in pickup, transport, and delivery of items across North America. The Less-Than-Truckload segment is... see more

TSX:TFII - Post Discussion

TFI International Inc > 2021 Fourth Quarter and Full-Year Results
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Post by Betteryear2 on Feb 07, 2022 4:14pm

2021 Fourth Quarter and Full-Year Results

  • Fourth quarter diluted EPS of $1.52 up from $0.91 in Q4 2020, while adjusted diluted EPS1 of $1.57 increased from $0.98
  • Fourth quarter operating income of $215.0 million increased from $117.1 million in Q4 2020
  • Fourth quarter net cash from operating activities of $190.3 million increased from $164.9 million in Q4 2020
  • Full-year diluted EPS of $6.97 up from $3.03 in 2020, while adjusted diluted EPS1 of $5.23 increased from $3.30

MONTREAL, Feb. 07, 2022 (GLOBE NEWSWIRE) -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced its results for the fourth quarter and full year ended December 31, 2021.

“TFI International completed a highly successful year that featured our transformational acquisition of UPS Ground Freight, which is already helping to drive our robust financial results reported today. During the fourth quarter, our operating income grew 84% and our adjusted diluted EPS grew 60%,” said Alain Bdard, Chairman, President and Chief Executive Officer. “It is gratifying to see all our business segments delivering year-over-year growth in revenues and operating income, on the tremendous efforts of our thousands of talented team members. By focusing through the pandemic on our longstanding operating principles that emphasize efficiency, strong cash flow, and the strategic allocation of capital, we have entered the new year stronger than ever. I am therefore confident that regardless of operating conditions, our proven approach to the business and the synergies still to come from our rebranded TForce Freight position us well over the long term, for additional growth, superior customer service, and the continued creation of shareholder value.”

https://www.globenewswire.com/news-release/2022/02/07/2380352/0/en/TFI-International-Announces-2021-Fourth-Quarter-and-Full-Year-Results.html

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