Canadian National Railway Company (NYSE:CNI) Q1 2024 Earnings Conference Call April 23, 2024 4:30 PM ET Company Participants Conference Call Participants Operator At this time, I would like to turn the call over to Tracy Robinson, CN's President and Chief Executive Officer. Ladies and gentlemen, Ms. Robinson. Thank you, Julianne, and good afternoon, everyone. We're here in Memphis today. We've had our Board meetings over the past two days and have had an opportunity to spend some time visiting our local fac ...

For the quarter ended March 2024, Canadian National (CNI) reported revenue of $3.15 billion, down 1.2% over the same period last year. EPS came in at $1.28, compared to $1.35 in the year-ago quarter.The reported revenue represents a surprise of -0.18% over the Zacks Consensus Estimate of $3.16 billion. With the consensus EPS estimate being $1.27, the EPS surprise was +0.79%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Canadian National (CNI) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.79%. A quarter ago, it was expected that this railroad would post earnings of $1.46 per share when it actually produced earnings of $1.48, delivering a surprise of 1.37%.Over the last four quarters, the company ...

MONTREAL, April 18, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced the appointment of Remi G. Lalonde as Executive Vice-President and Chief Commercial Officer of CN effective April 24th, 2024. Remi is succeeding Doug MacDonald who will retire from CN following an impressive career of nearly 35 years. Since his arrival at CN in January, Remi has been embedded within CN's operations, gaining first-hand experience with scheduled railroading and executing CN's ‘Make the Plan, Run the Plan, Sel ...

Canadian National Railway Company (CNI Quick Quote - Free Report ) is scheduled to report first-quarter 2024 results on Apr 23 after market close. CNI has a mixed earnings surprise history, having surpassed the Zacks Consensus Estimate in two of the preceding four quarters and missing the mark on the other two occasions. The average beat is 0.45%. Given this backdrop, let's delve into the factors that are likely to have influenced CNI's performance this earnings season. The Zacks Consensus Estimate for Ca ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Canadian National (CNI) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 23, 2024, might help the stock move higher if these key numbers are better than ex ...

The Zacks Transportation - Rail industry is suffering from headwinds like inflationary pressures, resultant high interest rates, increased fuel prices and supply-chain disruptions.Despite the challenges surrounding the industry, Canadian National Railway Company (CNI) , Canadian Pacific Kansas City Limited (CP) and CSX Corporation (CSX) appear better placed to tide over the challenges.Industry Description The Zacks Transportation - Rail industry includes railroad operators transporting freight (such as agri ...

CN is committed to playing a key role in the transition to a low carbon economy Financial support from the Province of British Columbia will contribute to reducing emissions MONTREAL, April 05, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) is proud to announce the purchase of its first hybrid diesel-battery electric mainline locomotive from Progress Rail, a Caterpillar Company, as part of its decarbonization plans. The EMD® will be tested to understand the potential impact and opportunity related to retr ...

MONTREAL, April 03, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) will issue its first-quarter 2024 financial and operating results after the market close on April 23, 2024. 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 April 23. 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) ...

MONTREAL, April 02, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that it has filed a shelf prospectus with Canadian securities regulators and a registration statement with the United States Securities and Exchange Commission (SEC), pursuant to which CN may issue debt securities in Canadian and U.S. markets over the next 25 months. CN expects to use net proceeds from the sale of debt securities under the shelf prospectus for general corporate purposes, which may include the redemption and ...