TFI International (TFII.N): TFII 2Q: Focus on driving price in LTL & growth in TL on niches tied with secular ramp with margin improvement-20260728

27 Jul 2026 22:24:43 ET │ 14 pages TFI International (TFII.N) CITI'S TAKE TFII reported 2Q adj. EPS of $1.85, up +38% y-y, above Citi/Street $1.58/$1.60 ests. and its guidance of $1.50-1.60. TFI expects 3Q adj. EPS of $1.70-1.80, above prior Citi/cons. $1.56/$1.65 ests. The 3Q guide anticipates impressive adj. Operating Ratio improvement of 550-650bps y-y in Truckload (implying 85.8%-86.8%, midpoint 86.3% ahead of prior Citi/cons. 89.4%/89.5% ests.), 250-350bps in Logistics (implying 88.1%- 89.1%, midpoint ...