Canadian National (CNI) reported $3.01 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 1.4%. EPS of $1.26 for the same period compares to $1.26 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.06 billion, representing a surprise of -1.69%. The company delivered an EPS surprise of -1.56%, with the consensus EPS estimate being $1.28.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Canadian National (CNI) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.56%. A quarter ago, it was expected that this railroad would post earnings of $1.41 per share when it actually produced earnings of $1.35, delivering a surprise of -4.26%.Over the last four quarters, the compan ...

In its upcoming report, Canadian National (CNI) is predicted by Wall Street analysts to post quarterly earnings of $1.28 per share, reflecting an increase of 1.6% compared to the same period last year. Revenues are forecasted to be $3.07 billion, representing a year-over-year increase of 3.4%. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial . As reported by The Wall Street Journal on October 10, Social Security is giving retirees an increase of just 2.5%, which is the smallest adjustment in four years. Analyst's Disclosure: I/we have a beneficial long position in the shares of UNP either through stock ownership, opt ...

Canadian National Railway Company(CNI) is scheduled to report third-quarter 2024 results on Oct. 22, after market close. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. CNI has a disappointing earnings surprise history, having lagged the Zacks Consensus Estimate in two of the preceding four quarters (surpassed the mark in the remaining two quarters), the average miss being 1.11%. Let's see how things have shaped up for Canadian National this earnings season. CNI's Q3 Expectations T ...

Canadian National Railway's (CNI) tech-savvy initiatives are boosting the company's operational efficiency. Efforts to expand its fleet are also encouraging. However, the economic downturn does not bode well for CNI. Factors Favoring CNI CNI's proactive initiatives toward technology advancement demonstrate a strong commitment to improving operational efficiency and safety. This year, the company is deploying its fourth-generation Autonomous Track Inspection Program, which uses ground-penetrating radar to pr ...

KIRKLAND, Wash., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Cascade Investment, L.L.C. ("Cascade") announced today that it has disposed of 5,994,691 common shares ("Common Shares") of Canadian National Railway Company ("CN") by transferring ownership and control of the Common Shares in a private transaction for no consideration. Following the disposition, Cascade owns 3,539,451 Common Shares, representing approximately 0.56% of the issued and outstanding Common Shares. Immediately prior to the disposition, Cascade o ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial . Learning from the best in the business is the best way to success. This applies to many areas. Analyst's Disclosure: I/we have a beneficial long position in the shares of GE, DHR, UNP either through stock ownership, options, or other derivatives. I wrote this article myself, an ...

MONTREAL, Sept. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) has launched its annual See Tracks? Think Train® Week campaign to raise awareness about the vital importance of rail safety. The Company joins communities across North America to raise awareness of the danger of dangerous behaviors around railway tracks and property. From September 23-29, CN Police Services, along with many other CN employees, will actively share important rail safety messages in communities across CN's network to help p ...

Canadian National Railway Company (CNI) adjusted the outlook for the current year following labor disruptions that threatened to cripple the economy of Canada. The railroad operator has, however, resumed normal operations following the crisis. All essential parameters, including car velocity, train speed and dwell, have recovered following the labor stoppage. Apart from labor woes, Alberta wildfires and weaker-thanexpected demand for forest products and metals compelled CNI's management to adjust its 2024 o ...