Canadian National (CNI) reported $3.28 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 1.8%. EPS of $1.48 for the same period compares to $1.55 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.25 billion, representing a surprise of +1.14%. The company delivered an EPS surprise of +1.37%, with the consensus EPS estimate being $1.46.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...

Canadian National (CNI) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.37%. A quarter ago, it was expected that this railroad would post earnings of $1.29 per share when it actually produced earnings of $1.26, delivering a surprise of -2.33%.Over the last four quarters, the company ...

MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that its Board of Directors has approved a 7% increase in the 2024 dividend on the Company's common shares outstanding as well as the repurchase of its shares under a new normal course issuer bid (Bid). The Bid permits CN to purchase, for cancellation, over a 12-month period up to 32 million common shares, representing 5.63% of the 568,002,080 common shares issued and outstanding of the Company not held by insiders on Januar ...

MONTREAL, Jan. 23, 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. 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 today. 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 1-647-932-3411 (International), using 27 ...

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 Benoit Poirier - Desjardins Steve Hansen - Raymond James Justin Long - Stephens Kevin Chiang - CIBC Operator Good afternoon. My name is Julianne, and I will be your operator today. Welcome to CN's Third Quarter 2023 Financial and Operating Results Conference Call. All participants are ...

David Vernon Thank you. Good afternoon. Thank you. Apologies if you have this out in the press release, I didn't see it. But what is the RTM growth guidance for this year? Maybe more so for the back half year, Q3, Q4, if you give us some clarity about what you're assuming in guidance in terms of RTM growth. But the main question maybe for Doug, Prince Rupert has kind of struggled, underperformed relative to most of the North American ports even prior to all of this kind of BC strike issues and some of the i ...

CN TSX: CNR NYSE: CNI 2023 Key Assumptions CN has made a number of economic and market assumptions in preparing its three-year financial perspective. CN assumes that the North American industrial production will increase by at least two percent CAGR over the next three years. CN assumes continued pricing above rail inflation. CN assumes that the value of the Canadian dollar in U.S. currency will be approximately $0.75 and that the average price of crude oil (West Texas Intermediate) will be approximately US ...

Tracy Robinson Thomas Wadewitz Operator Scott Group Doug MacDonald Scott Group Thank you. Konark Gupta Well, I can't give you an exact percentage, but I can tell you the faster we are, the more capacity we create and our ability to reduce our car fleet has paid a lot of dividend across the operation of this railroad. David Vernon Okay. So good question, Dave. We have the same type of question from our Board today. So listen, on the Canadian side, we're dipping into that area where how much is left in the co ...

Management's Report on Internal Control over Financial Reporting Management is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. Because of its inherent limitations, internal control over finan ...

Canadian National Railway Co (NYSE:CNI) Q4 2022 Earnings Conference Call January 24, 2023 4:30 PM ET Company Participants Paul Butcher - VP, IR Tracy Robinson - President, CEO & Director Edmond Harris - EVP & COO Doug MacDonald - EVP & CMO Ghislain Houle - EVP & CFO Conference Call Participants Christian Wetherbee - Citigroup Konark Gupta - Scotiabank Thomas Wadewitz - UBS Brian Ossenbeck - JPMorgan Chase & Co. Fadi Chamoun - BMO Capital Markets Justin Long - Stephens Inc. Ariel Rosa - Crédit Suisse Brandon ...