CNI Stock Recent News

Canadian National Railway Company reported a 7% increase in 2Q24 revenues, supported by pricing, volumes, and exchange rates. Labor uncertainties and operational disruptions led to a revision of full-year EPS growth guidance for CNI. Despite challenges, CNI remains an attractive investment with a strong dividend yield, buyback record, and promising growth projections.

Canadian National (CNI) came out with quarterly earnings of $1.35 per share, missing the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.31 per share a year ago.

MONTREAL, July 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a third-quarter 2024 dividend on the Company's common shares outstanding. A quarterly dividend of eighty-four and a half cents (C$0.8450) per common share will be paid on September 27, 2024, to shareholders of record at the close of business on September 6, 2024.

Company Remains Focused on Growth and Disciplined Adherence to Scheduled Railroading Company Remains Focused on Growth and Disciplined Adherence to Scheduled Railroading

MONTREAL, July 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its second-quarter 2024 financial and operating results after the market close.

Canadian National's (CNI) Q2 performance is expected to be adversely impacted by the freight market downturn.

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.

I compare the major railroad companies from the perspective of a dividend-focused investor. The “big five” are highly correlated by many growth and profitability metrics, but not all. Canadian National outshines the others with its efficiency and consistent performance.

Recent inflation data shows a minimal rise in core prices and a drop in headline CPI, leading to expectations of significant Fed rate cuts over the next year. The market's reaction to positive inflation news, highlighted by a sell-off, suggests investors are cautious, knowing more disinflation is needed for further rate cuts. Money is shifting to lagging sectors, boosting the equal-weight S&P 500. This indicates a broadening of market strength, presenting new investment opportunities.

MONTREAL, July 08, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its second-quarter 2024 financial and operating results after the market close on July 23, 2024.