TFI International Sees EPS Slump to $0.50-0.60, Weather Costs Hit $5-6M
TFI International expects adjusted Q1 2026 EPS of $0.50 to $0.60, down from $0.76 in Q1 2025 and below its prior $1.09 result. U.S. LTL margin fell roughly 250 basis points, with an additional $5–6 million of weather-related costs from overtime and inefficiencies.
1. Q1 Earnings Forecast
TFI International forecasts adjusted Q1 2026 EPS of $0.50–$0.60, versus $0.76 in Q1 2025 and $1.09 in Q4 2025. Management notes the company remains in a transition environment and anticipates a year-over-year decline in net income per share.
2. U.S. LTL Performance Pressure
The U.S. less-than-truckload segment saw a margin decline of about 250 basis points, compounded by weather-related disruptions. Management estimates $5–6 million of incremental costs from overtime, dock cleaning and operational inefficiencies during severe winter conditions.
3. Stock and Market Reaction
Shares closed down 1.49% on the day of the earnings call, reflecting muted investor response to weaker guidance. TFI stock is down 15.3% over the past year and 10.6% in the last month, though it has gained 21.2% over the past three months.
4. Specialty Truckload Focus
For the first time in recent calls, management allocated significant discussion to truckload operations, highlighting increased attention on that segment. Details remain sparse, but the shift suggests growing strategic emphasis beyond core LTL services.