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CN Announces Janet Drysdale as Interim Chief Commercial Officer
GlobeNewswire News Room· 2025-07-21 21:00
MONTREAL, July 21, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that Janet Drysdale will assume the role of Chief Commercial Officer on an interim basis, effective immediately. Janet is stepping into the role following the departure of Remi G. Lalonde. Janet spent the first decade of her nearly 30-year career at CN in a variety of roles in Sales and Marketing. She is a seasoned and versatile leader with significant cross-functional experience having held executive positions at CN in In ...
What Analyst Projections for Key Metrics Reveal About CN (CNI) Q2 Earnings
ZACKS· 2025-07-17 14:15
In its upcoming report, Canadian National (CNI) is predicted by Wall Street analysts to post quarterly earnings of $1.37 per share, reflecting an increase of 1.5% compared to the same period last year. Revenues are forecasted to be $3.15 billion, representing a year-over-year decrease of 0.4%.The consensus EPS estimate for the quarter has undergone a downward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their i ...
Canadian National (CNI) is a Top Dividend Stock Right Now: Should You Buy?
ZACKS· 2025-07-16 16:45
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yiel ...
Canadian National (CNI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-07-15 15:01
Core Viewpoint - The market anticipates Canadian National (CNI) to report a year-over-year increase in earnings despite lower revenues when it releases its quarterly results for June 2025 [1][2]. Earnings Expectations - CNI is expected to report quarterly earnings of $1.37 per share, reflecting a year-over-year increase of +1.5% [3]. - Revenue projections stand at $3.15 billion, indicating a decrease of 0.5% compared to the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.18% over the last 30 days, indicating a collective reassessment by analysts [4]. - The Most Accurate Estimate for CNI is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.57%, suggesting a bearish outlook from analysts [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the deviation of actual earnings from consensus estimates, with a strong predictive power for positive readings [9][10]. - CNI currently holds a Zacks Rank of 3, which complicates the prediction of an earnings beat given the negative Earnings ESP [12]. Historical Performance - In the last reported quarter, CNI was expected to post earnings of $1.26 per share but exceeded expectations with actual earnings of $1.29, resulting in a surprise of +2.38% [13]. - Over the past four quarters, CNI has only beaten consensus EPS estimates once [14]. Conclusion - CNI does not appear to be a strong candidate for an earnings beat based on current estimates and revisions, but other factors may influence stock performance around the earnings release [17].
Canadian National to Invest $110M in Wisconsin for Rail Innovation
ZACKS· 2025-07-03 16:56
Core Insights - Canadian National Railway Company (CNI) is investing $110 million in Wisconsin as part of its 2025 capital investment program, indicating strong confidence in the region's economic potential and the future of freight rail [1] - The investment focuses on track maintenance and strategic infrastructure initiatives to enhance rail operations, including improvements in infrastructure, technology, capacity, and network performance [2][9] - CNI's president, Tracy Robinson, emphasized that investing in the network is about building for the future and aims to strengthen the resiliency and efficiency of the network across Wisconsin [3] Investment Details - The $110 million investment in Wisconsin follows a similar expenditure in the previous year, which also amounted to $110 million, primarily for track maintenance and infrastructure improvements [3][9] - CNI has made several other significant investments across various states, including $50 million in Louisiana, $85 million in Michigan, and $600 million CAD in Ontario, among others, demonstrating a commitment to expanding rail operations [5] Strategic Focus - CNI is doubling down on its core strengths of efficiency, innovation, and infrastructure, which are expected to pave the way for long-term returns [4] - The company's robust investment initiatives are believed to enhance investor confidence and support long-term performance [6]
CN to Invest $110 Million in Wisconsin to Build Capacity and Power Sustainable Growth
Globenewswire· 2025-07-02 15:45
Group 1 - CN plans to invest approximately US$110 million in Wisconsin as part of its 2025 capital investment program, focusing on track maintenance and strategic infrastructure initiatives [1][2] - The investment aims to enhance infrastructure, technology, capacity, and network improvements to ensure safe movement of goods and support sustainable growth in Chicago and across CN's network [1][2] - In 2024, CN also invested approximately US$110 million in Wisconsin for similar initiatives, indicating a consistent commitment to infrastructure development in the state [2] Group 2 - Tracy Robinson, President and CEO of CN, emphasized that investing in the network is about building for the future and strengthening the resiliency and efficiency of operations [2] - Don Vruwink, Wisconsin Commissioner of Railroads, noted that CN's investment supports safer crossings and more reliable service, helping Wisconsin communities remain connected and competitive [2] - In 2024, CN's investments included over US$3.5 million for new equipment and over US$1.5 million for upgrades at the Stevens Point railyard [7]
Canadian National to Invest $50M in Louisiana for Rail Innovation
ZACKS· 2025-07-01 16:46
Core Investment Strategy - Canadian National Railway Company (CNI) is investing $50 million in Louisiana as part of its 2025 capital investment program, indicating strong confidence in the region's economic potential and freight rail future [1][9] - The investment focuses on track maintenance and strategic infrastructure initiatives to enhance rail operations, including upgrades at CNI's Geismar railyard and capacity building in the New Orleans area [2][9] Previous Investments - In the previous year, CNI invested nearly $52 million in Louisiana for similar infrastructure maintenance and enhancements, which included rail and tie replacements, grade crossing work, and structural maintenance [3][9] - CNI has made several significant investments across various states, including $38 million in Iowa, $85 million in Michigan, and $600 million CAD in Ontario, demonstrating a commitment to expanding rail operations [4][5] Long-term Growth and Investor Confidence - The ongoing investments are expected to ensure safe freight movement and support long-term sustainable growth across CNI's network in Louisiana [2][9] - Such robust initiatives are believed to strengthen investor confidence and support the long-term performance of CNI's stock [5]
CN to Invest $50 Million in Louisiana to Build Capacity and Power Sustainable Growth
Globenewswire· 2025-06-30 17:30
Core Viewpoint - CN plans to invest approximately US$50 million in Louisiana as part of its 2025 capital investment program to enhance track maintenance and infrastructure initiatives, supporting long-term growth and safe movement of goods [1][2]. Investment Details - The investment will focus on projects in the New Orleans area and upgrades at CN's Geismar railyard [1]. - In 2024, CN invested about US$52 million in Louisiana, including over US$18 million for bridge upgrades in New Orleans [2]. Leadership Statements - Tracy Robinson, President and CEO of CN, emphasized that the investment aims to build a resilient and efficient network, supporting economic growth across North America [2]. - Louisiana Governor Jeff Landry praised CN's commitment to economic growth and safe freight movement through the state [2]. Company Overview - CN operates a nearly 20,000-mile rail network, transporting over 300 million tons of goods annually across North America [5]. - In 2024, CN's local spending in Louisiana was US$25 million, with cash taxes paid amounting to US$9.2 million [6].
CN to Invest $38 Million in Iowa to Build Capacity and Power Sustainable Growth
Globenewswire· 2025-06-30 17:00
Core Points - CN plans to invest approximately US$38 million in Iowa as part of its 2025 capital investment program to support track maintenance and strategic infrastructure initiatives [1][2] - The investment aims to enhance the safe movement of goods and promote long-term sustainable growth in Iowa and across CN's network [1][2] - In 2024, CN had already invested around US$31 million in Iowa for similar initiatives, highlighting a commitment to infrastructure development in the region [2][6] Investment Details - The 2025 investment will focus on track maintenance and infrastructure improvements, which are expected to create jobs and support economic growth in Iowa [2] - Specific projects include approximately US$1.4 million for upgrading the track and building capacity on CN's Osage Subdivision near Cedar Rapids and over US$1 million for upgrades at CN's Waterloo rail yard [6] - In 2024, CN's local spending amounted to US$29 million, with cash taxes paid reaching US$6.2 million [6] Economic Impact - The investment is seen as beneficial for Iowa's farmers, businesses, and communities, enhancing the efficiency of transporting Iowa products across North America [2] - CN's infrastructure investments are positioned as crucial for maintaining Iowa's leadership in agricultural production and resource distribution [2]
Canadian National (CNI) Could Be a Great Choice
ZACKS· 2025-06-30 16:51
Company Overview - Canadian National (CNI) is headquartered in Montreal, Quebec, and operates in the Transportation sector [3] - The stock has experienced a price change of 1.81% since the beginning of the year [3] Dividend Information - CNI currently pays a dividend of $0.65 per share, resulting in a dividend yield of 2.51% [3] - The Transportation - Rail industry's average yield is 0.76%, while the S&P 500's yield is 1.58% [3] - The company's annualized dividend of $2.59 has increased by 5.7% from the previous year [4] - Over the past five years, CNI has raised its dividend three times, achieving an average annual increase of 7.97% [4] - The current payout ratio for CNI is 47%, indicating that it pays out 47% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year, CNI anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 at $5.65 per share, reflecting a year-over-year growth rate of 9.07% [5] Investment Considerations - CNI is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]