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CN (CNI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Canadian National (CNI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Shareholder-friendly measures and low expenses boost Canadian National (CNI).
MONTREAL, Jan. 05, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its fourth-quarter and full-year 2023 financial and operating results after the market close on January 23, 2024.
A decision from STB on Canadian National's (CNI) buyout of Iowa Northern is expected next year.
Canadian National Railway Company's Q3 revenues decreased by 12% YoY, but the company expects flat to slightly negative growth going forward. The decrease in revenues was mainly due to lower fuel surcharge revenues resulting from lower fuel prices. Canadian National has the healthiest balance sheet in the industry and has been able to increase its share buyback program.
Canadian National (CNI) third-quarter 2023 revenues are hurt by lower fuel surcharge revenues.
Canadian National Railway Company (NYSE:CNI ) Q3 2023 Earnings Conference Call October 24, 2023 4:30 PM ET Company Participants Stacy Alderson - Assistant VP, IR Tracy Robinson - President and CEO Ed Harris - COO Doug MacDonald - CMO Ghislain Houle - CFO Conference Call Participants James McGarragle - RBC Capital Markets Brandon Oglenski - Barclays Cherilyn Radbourne - TD Cowen Ravi Shanker - Morgan Stanley Scott Group - Wolfe Research David Vernon - Bernstein Konark Gupta - Scotiabank Fadi Chamoun - BMO Ken Hoexter - Bank of America Benoit Poirier - Desjardins Chris Wetherbee - Citigroup Steve Hansen - Raymond James Justin Long - Stephens Kevin Chiang - CIBC Operator Good afternoon. My name is Julianne, and I will be your operator today.
Canadian National (CNI) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $1.63 per share a year ago.
Canadian National's (CNI) third-quarter 2023 earnings and revenues are likely to have plunged year over year.