NFI Group Inc (TSE:NFI)
TSX:NFI
Canadian Market
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NFI Group Inc (NFI) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 26, 2026
After Close (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
0.42
Last Year’s EPS
0.15
Same Quarter Last Year
Based on 4 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Nov 06, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call highlighted significant improvements in financial performance, backlog strength, and supply chain stability. However, the battery recall posed a substantial challenge, with associated costs and operational impacts. Despite this setback, the company's strong backlog and strategic initiatives provide a positive outlook for future growth.
Company Guidance
During NFI's 2025 Third Quarter Financial Results Call, the company provided detailed guidance on several key metrics. They reported a 52% year-over-year increase in adjusted EBITDA and a $12.8 million improvement in free cash flow, with liquidity increasing by $240.2 million to reach $386 million by the quarter's end. The total leverage improved to 4.28x, a full turn improvement since the end of 2024. NFI secured 644 equivalent units in new orders, achieving a 108.5% LTM book-to-bill ratio and a strong 71.8% option conversion rate. The total backlog now stands at 15,606 equivalent units, valued at USD 13.2 billion. However, the quarter faced challenges due to a $229.9 million warranty provision related to a battery recall affecting approximately 700 buses, primarily New Flyer models. Despite these setbacks, the company expects continuous growth in revenue, gross profit, adjusted EBITDA, free cash flow, and net earnings as they move into the fourth quarter and beyond.
Strong Backlog and Order Conversion
Secured 644 equivalent units in new orders with a 108.5% LTM book-to-bill ratio and a 71.8% option conversion rate. Total backlog now stands at 15,606 equivalent units worth USD 13.2 billion.
Improved Financial Metrics
Delivered a 52% year-over-year increase in adjusted EBITDA and a $12.8 million improvement in free cash flow. Liquidity increased by $240.2 million to reach $386 million at quarter-end.
Manufacturing and Aftermarket Growth
Transit deliveries were up 14% year-over-year. Manufacturing segment adjusted EBITDA increased by $36.1 million due to higher deliveries and improved pricing.
Supply Chain Improvements
Risk profile improved with high-risk suppliers reduced. Strategic investment in American Seating aims to enhance supply chain stability.

NFI Group Inc (TSE:NFI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

TSE:NFI Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 26, 2026
2025 (Q4)
0.42 / -
0.154
Nov 06, 2025
2025 (Q3)
0.14 / 0.14
-0.056350.00% (+0.20)
Jul 31, 2025
2025 (Q2)
0.13 / 0.13
0.042200.00% (+0.08)
May 08, 2025
2025 (Q1)
0.05 / 0.03
-0.182115.38% (+0.21)
Mar 13, 2025
2024 (Q4)
0.08 / 0.15
-0.07320.00% (+0.22)
Nov 06, 2024
2024 (Q3)
0.08 / -0.06
-0.57590.24% (+0.52)
Jul 31, 2024
2024 (Q2)
-0.02 / 0.04
-0.645106.52% (+0.69)
May 02, 2024
2024 (Q1)
-0.24 / -0.18
-0.68773.47% (+0.50)
Feb 29, 2024
2023 (Q4)
-0.28 / -0.07
-0.43583.87% (+0.36)
Nov 08, 2023
2023 (Q3)
-0.46 / -0.57
-0.88334.92% (+0.31)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

TSE:NFI Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 06, 2025
C$13.82C$13.12-5.07%
Jul 31, 2025
C$19.10C$18.69-2.15%
May 08, 2025
C$12.90C$14.55+12.79%
Mar 13, 2025
C$11.11C$13.42+20.79%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does NFI Group Inc (TSE:NFI) report earnings?
NFI Group Inc (TSE:NFI) is schdueled to report earning on Feb 26, 2026, After Close (Confirmed).
    What is NFI Group Inc (TSE:NFI) earnings time?
    NFI Group Inc (TSE:NFI) earnings time is at Feb 26, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is TSE:NFI EPS forecast?
          TSE:NFI EPS forecast for the fiscal quarter 2025 (Q4) is 0.42.
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