Q: What are your thoughts on their earnings
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5i Research Answer:
EPS of $1.71 vs estimates of $1.62. Revenue of $2.26B was marginally below estimates. EPS rose from $1.59 last year. Revenue rose 28%. Operating income rose 8%. EBITDA rose 27% and was 10% ahead of estimates. Cash flow rose $48M to $248.5M. While the sector experienced some weakness, TFII did well in comparison to most. We are comfortable with these results, certainly.