TFII · PEAD ↓ 100

TFI International reported Q3 2026 EPS of $1.67 on 2026-10-29, missing the $1.75 consensus by $0.08 (-4.6%).

Print-day reaction was a muted +0.4% versus the prior close, as the market appeared to absorb the EPS miss without an outsized immediate move. The overnight gap into T+1 open told a sharply different story, however: the stock collapsed -11.1%, signalling significant post-close reassessment of the results. Over the subsequent two trading sessions the price drifted a further +3.2% from the T+1 close, but this partial recovery was insufficient to offset the gap damage. Cumulative abnormal return of -11.8% versus SPY.US places this firmly in PEAD short territory; the drift window runs through 2027-01-26.