This High-Growth Stock is Losing Flight

NFI.TO Slowing Growth

New Flyer isn’t expected to announce second quarter results until August 13th. However, investors got a taste as to what to expect when the company reports. It isn’t likely to please investors. On Monday, NFI Group announced it was reducing 2019 guidance on delivered equivalent units (EUs). The company expects a decrease of 150 units and guidance is now for 4,260 EUs in fiscal 2019, a 3.4% drop.