NFI Group (NFYEF) Expected to Announce Quarterly Earnings on Thursday

NFI Group (OTCMKTS:NFYEF) will likely be announcing its results after the market closes on Thursday, November 5th. Analysts expect NFI Group to post earnings of $0.2546 per share and revenue of $1.00 billion for the quarter.

NFI Group Trading Down 1.0%

Shares of NFYEF opened at $17.79 on Thursday. The stock has a fifty day moving average price of $17.26 and a two-hundred day moving average price of $15.53. NFI Group has a 52-week low of $8.86 and a 52-week high of $18.75.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. BMO Capital Markets restated an “outperform” rating on shares of NFI Group in a research report on Friday, August 7th. TD Securities restated a “buy” rating on shares of NFI Group in a research report on Wednesday. Scotiabank restated an “outperform” rating on shares of NFI Group in a research report on Friday, July 24th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of NFI Group in a research note on Monday. Four investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

About NFI Group

NFI Group Inc is a Canadian manufacturer of buses and related transportation solutions headquartered in Winnipeg, Manitoba. The company designs and builds transit buses, motor coaches, and other public transportation vehicles for government agencies, private operators, and transit authorities.

NFI Group’s portfolio includes New Flyer transit buses, Alexander Dennis single- and double-decker buses, MCI motor coaches, and ARBOC low-floor cutaway buses. Its vehicles are available in conventional, battery-electric, fuel-cell electric, and other alternative-fuel configurations, supporting public transportation systems seeking to modernize their fleets and reduce emissions.

The company also provides replacement parts, maintenance and other aftermarket services, vehicle connectivity and fleet-management solutions, and infrastructure support.