NFI Group Inc.

NFI

CA62910L1022

Heavy Machinery & Vehicles

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
11.08 ^CAD	-1.07%		-0.27%	-19.07%

Mar. 11	NFI Group Says Subsidiary New Flyer Awarded Two Contracts from New York for Up to 2,090 Xcelsior Transit Buses	MT
Mar. 11	NFI Group Brief: Says Subsidiary New Flyer Awarded two contracts from New York for up to 2,090 Xcelsior Transit Buses	MT

NFI Group Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

February 29, 2024 at 09:10 am EST

NFI Group Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 2,685.23 million compared to USD 2,060.68 million a year ago. Net loss was USD 136.16 million compared to USD 276.38 million a year ago.

Basic loss per share from continuing operations was USD 1.4822 compared to USD 3.5826 a year ago. Diluted loss per share from continuing operations was USD 1.4822 compared to USD 3.5826 a year ago.

Latest news about NFI Group Inc.

NFI Group Says Subsidiary New Flyer Awarded Two Contracts from New York for Up to 2,090 Xcelsior Transit Buses	Mar. 11	MT
NFI Group Brief: Says Subsidiary New Flyer Awarded two contracts from New York for up to 2,090 Xcelsior Transit Buses	Mar. 11	MT
NFI Group Maintained at Outperform at BMO Following Q4 Results; Price Target Cut to C$15.00	Mar. 01	MT
NFI Group Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 29	CI
NFI Group Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 29	CI
Transcript : NFI Group Inc., Q4 2023 Earnings Call, Feb 29, 2024	Feb. 29
NFI Group Narrows Q4 Adjusted Loss, Revenue RIses; Reiterates Outlook	Feb. 29	MT
NFI Group Inc. Reiterates Revenue Guidance for the Fiscal Year 2024 and 2025	Feb. 29	CI
NFI Group Brief: Reiterating financial guidance for Fiscal 2024 as announced on January 17, 2024, including Adjusted EBITDA range of US$240 to $280 million; and 2025 Adjusted EBITDA target of greater than $350 million	Feb. 29	MT
NFI Group Brief: 2023 Q4 revenue of US$792 million; 2023 Q4 Net loss of $2 million; Net loss per Share of $0.02, and Adjusted Net Loss per Share of $0.05	Feb. 29	MT
North American Morning Briefing : Fed's Preferred Inflation Gauge in the Spotlight	Feb. 29	DJ
NFI Group Brief: Says Subsidiary Alexander Dennis' next-gen Enviro400EV "Confirmed" as Most efficient battery-electric double-decker tested via Zemo in the UK	Feb. 26	MT
NFI Group Says California's Foothill Transit to Add 12 Enviro500EV Double Deck Zero-emission Buses	Feb. 20	MT
NFI Group Brief: California's Foothill Transit to add 12 Enviro500EV double deck zero-emission buses from NFI subsidiary Alexander Dennis	Feb. 20	MT
Toronto Stocks Advance; Sigma Lithium Shares Up on Green Light For Construction Financing in Brazil	Feb. 12	DJ
NFI Group's Alexander Dennis Unit Wins Contract to Supply 33 Double-Decker Electric Buses to Seattle's Sound Transit	Feb. 12	MT
NFI Group Inc. Announces Chief Financial Officer Changes	Feb. 08	CI
NFI Group Inc. Announces Executive Changes	Feb. 08	CI
Hexagon Purus Secures Fourth Hydrogen Cylinder Supplier Contract from NFI Group Unit	Feb. 07	MT
National Bank Cuts NFI Group Target to $18, Maintains Outperform	Jan. 17	MT
NFI Group Providing Update on Q4 2023 Deliveries, orders, backlog, and Financial Guidance	Jan. 17	MT
NFI Group Brief: Providing update on fourth quarter 2023 deliveries, orders, backlog, and financial guidance	Jan. 17	MT
NFI Group Inc. Reaffirms Revenue Guidance for the Fiscal Year 2023, 2024 and 2025	Jan. 17	CI
National Bank Raises NFI Group Target to $19, Maintains Outperform, on "Positive Trends"	Jan. 16	MT
National Bank Outlines Expectations for Transportation/Industrials Coverage Universe for 2024	Jan. 16	MT

Chart NFI Group Inc.

Duration

Period

More charts

Company Profile

NFI Group Inc. is a Canada-based independent global bus manufacturer. The Company provides a suite of mass transportation solutions under brands: New Flyer (heavy-duty transit buses), Alexander Dennis (AD) (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). It operates through two segments: Manufacturing Operations and Aftermarket Operations. The Manufacturing Operations segment manufactures, services and supports transit buses, coaches, medium-duty, and cutaway buses. The Aftermarket Operations segment is engaged in the sale of aftermarket parts for transit buses, coaches and medium- duty/cutaway buses, both for the Company's and third-party products. Its product type includes Heavy-duty transit buses, Single deck buses, Double-deck buses, Articulated buses, motor coaches, low floor cutaway, and medium-duty buses.

Sector

Heavy Machinery & Vehicles

Calendar

2024-05-01 - Q1 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Ratings for NFI Group Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

8.094 USD

Average target price

11.35 USD

Spread / Average Target

+40.24%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Heavy Machinery & Vehicles

	1st Jan change	Capi.
NFI GROUP INC.	-19.07%	963M
PACCAR, INC.	+14.65%	58.67B
DAIMLER TRUCK HOLDING AG	+26.10%	36.8B
TOYOTA INDUSTRIES CORPORATION	+26.70%	28.74B
KOMATSU LTD.	+15.62%	25.64B
EXOR N.V.	+11.71%	23.31B
EPIROC AB	+1.34%	21.74B
KUBOTA CORPORATION	+15.97%	18.38B
CNH INDUSTRIAL N.V.	-6.32%	14.21B
KNORR-BREMSE AG	+18.96%	12.04B

Other Heavy Machinery & Vehicles

NFI Group Inc.

Equities

NFI

CA62910L1022

Heavy Machinery & Vehicles

NFI Group Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

EPS Revisions