CNI Stock Recent News

Dividend stocks are some of the most stable in the market because they usually have very profitable companies backing them up. You do not have unprofitable companies paying dividends, so it makes sense why so many investors retreat into them when the market wobbles.

MONTREAL, May 06, 2024 (GLOBE NEWSWIRE) -- Ghislain Houle and Patrick Whitehead (TSX: CNR) (NYSE: CNI), to address upcoming conferences:

Canadian National Railway is a dividend growth stock with a history of consistent dividend hikes. The company faced challenges in the first quarter, including weak demand in certain sectors and margin pressures from inflation. CNI remains resilient through its diversified revenue streams, strategic investments, and commitment to shareholder value.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Canadian National (CNI) have what it takes?

Canadian National's (CNI) Q1 results are affected by the weak freight demand scenario.

Canadian National Railway Company (NYSE:CNI ) Q1 2024 Earnings Conference Call April 23, 2024 4:30 PM ET Company Participants Tracy Robinson - President & CEO Stacy Alderson - Assistant VP, IR Patrick Whitehead - EVP & Chief Network Operating Officer Derek Taylor - EVP & Chief Field Operations Officer Doug MacDonald - EVP & Chief Marketing Officer Ghislain Houle - EVP & CFO Conference Call Participants Steve Hansen - Raymond James Fadi Chamoun - BMO Capital Markets Kenneth Hoexter - Bank of America Cherilyn Radbourne - TD Cowen Ravi Shanker - Morgan Stanley Benoit Poirier - Desjardins Bank Konark Gupta - Scotiabank David Vernon - Bernstein Walter Spracklin - RBC Capital Markets Kevin Chiang - CIBC Scott Group - Wolfe Research Thomas Wadewitz - UBS David Zazula - Barclays Jonathan Chappell - Evercore ISI Brian Ossenbeck - JPMorgan Justin Long - Stephens Operator Good afternoon. My name is Julianne, and I will be your operator today.

The headline numbers for CN (CNI) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Canadian National (CNI) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.35 per share a year ago.

Canadian National's (CNI) Q1 bottom line is expected to benefit from lower costs.

CN (CNI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.