Canadian National Railway pany(CNI)
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CNI's Q4 Earnings Coming Up: What's in the Offing for the Stock?
ZACKS· 2025-01-24 14:26
Canadian National Railway (CNI) is scheduled to report fourth-quarter 2024 results on Jan. 30, after market close.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for CNI’s fourth-quarter earnings has been revised downward by 7.3% in the past 60 days to $1.39 per share. The consensus mark implies a 6.1% decline from fourth-quarter 2023 actuals. Meanwhile, the Zacks Consensus Estimate for revenues is pegged at $3.11 billion, which indicates a fall of 5.2% co ...
Canadian National Railway's Valuation Is An Opportunity, Analyst Shifts To Bullish Outlook
Benzinga· 2025-01-16 17:26
Stifel analyst Benjamin J. Nolan upgraded Canadian National Railway Company CNI to Buy from Hold while reducing the price target to $120 from $132.The analyst writes that 2024 was a lackluster year for rail equities, ending down 7% while the S&P rose 23%.Notably, 2024 did not see strong volume growth for Class 1 railroads, as earlier expected, partly due to unforeseen disruptions and a weaker freight market, leading to just 2.2% volume growth, adds the analyst.The analyst writes that he anticipates modest v ...
CN Launches New Medium Horsepower Hybrid Locomotive Pilot Project
GlobeNewswire· 2025-01-16 14:00
MONTREAL, Jan. 16, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) is proud to announce the launch of its new medium horsepower hybrid electric locomotive developed in collaboration with Knoxville Locomotive Works (KLW). This innovative hybrid locomotive will undergo testing in various operational conditions across CN’s network as a pilot project, to evaluate its potential to enhance operational efficiency and fuel savings, marking another step towards more modern and sustainable rail operations. The 3,2 ...
3 Affordable Dividend Stocks to Buy Now for Income and Growth
MarketBeat· 2025-01-15 12:00
The year 2025 is just getting started, and investors have as much pressure as ever to get their portfolios set in the right direction, as a few winners in the first half of the year can not only give investors confidence but also plenty of liquidity and room to then pursue the more aggressive deals in the market during the second half of the year. This is why having a mix of steady income through dividend stocks that are also cheap enough to offer upside becomes critical. With fundamental stories that align ...
CN’s Acquisition of Iowa Northern Approved by STB
GlobeNewswire· 2025-01-14 17:30
MONTREAL, Jan. 14, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) is pleased to announce that the U.S. Surface Transportation Board (STB) has approved CN’s acquisition of Iowa Northern Railway Company (IANR). The decision allows CN to combine IANR’s 175 route miles with CN’s nearly 20,000-mile rail network as early as February 13, 2025. A combined CN-IANR will offer single-line service to better connect grain, fertilizer, renewable fuels, and industrial markets to CN’s North American network. Customers ...
CN's Acquisition of Iowa Northern Approved by STB
Newsfilter· 2025-01-14 17:30
MONTREAL, Jan. 14, 2025 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) is pleased to announce that the U.S. Surface Transportation Board (STB) has approved CN's acquisition of Iowa Northern Railway Company (IANR). The decision allows CN to combine IANR's 175 route miles with CN's nearly 20,000-mile rail network as early as February 13, 2025. A combined CN-IANR will offer single-line service to better connect grain, fertilizer, renewable fuels, and industrial markets to CN's North American network. Customers an ...
CN to Report Fourth-Quarter and Full-Year 2024 Financial and Operating Results on January 30, 2025
GlobeNewswire· 2025-01-06 14:00
MONTREAL, Jan. 06, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its fourth-quarter and full-year 2024 financial and operating results after the market close on January 30, 2025. CN's senior officers will review the results and the railway's outlook in a conference call starting at 4:30 p.m. Eastern Time on January 30. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932- ...
CN to Report Fourth-Quarter and Full-Year 2024 Financial and Operating Results on January 30, 2025
Newsfilter· 2025-01-06 14:00
MONTREAL, Jan. 06, 2025 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) will issue its fourth-quarter and full-year 2024 financial and operating results after the market close on January 30, 2025. CN's senior officers will review the results and the railway's outlook in a conference call starting at 4:30 p.m. Eastern Time on January 30. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-34 ...
Here's Why You Should Avoid Canadian National Stock for Now
ZACKS· 2025-01-03 18:35
Canadian National Railway Company (CNI) is currently mired in multiple headwinds, which, we believe, have made it an unimpressive investment option.Let’s delve deeper.Southward Earnings Estimate Revision: The Zacks Consensus Estimate for 2025 earnings has been revised 6.2% downward over the past 90 days. The unfavorable estimate revision indicates brokers’ lack of confidence in the stock.Dim Price Performance: The company’s price trend reveals that its shares have lost 14.1% over the past six months compare ...
I Bought More Canadian National As 2024 Closes
Seeking Alpha· 2024-12-30 10:09
As 2024 ends, we all think about the year that just went by, with its joys and sorrows, and getting ready for a new start. We will probably do the same with ourI focus on long term growth and dividend growth investing. I follow both the US and the European stock markets, looking for undervalued stock and/or for high quality dividend growing companies that provide me with cash to reinvest. Over time, I have come to realize that profitability is a much safer driver of gains than low valuation. As a result, I ...