MONTREAL, Dec. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its new four-year tentative collective agreements with Unifor were formally ratified by employees on Sunday, December 22, 2024. The union represents approximately 3,300 employees at CN in Canada, working in different mechanical, clerical, and intermodal functions, all covered by multiple collective agreements. "We are pleased to have achieved these new collective agreements through collaborative negotiations. By worki ...

Joseph Jones, professor at The University of Southern Mississippi, has over fifteen years of experience studying the market. He focuses on portfolio construction from a dividend growth investor's perspective. The insights expressed in his research are solely his own; they do not represent the views or financial interests of his employer.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Short position through short ...

MONTREAL, Dec. 12, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced the recognition of 73 of its customers, suppliers and supply chain partners, for their leadership and commitment to sustainability. Through CNÂ's EcoConnexions Partnership Program, the Company is celebrating businesses dedicated to building a more sustainable future by supporting climate action, reducing their environmental impact, promoting biodiversity and implementing more sustainable and ethical business practices. "We ...

It has been about a month since the last earnings report for Canadian National (CNI) . Shares have lost about 4.6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is CN due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Earnings Miss at Canadian National in Q3Canadian ...

I wrote about Canadian National Railway Company (TSX: CNR:CA ) previously (25 th April) with a buy rating as I thought the drop in valuation was an attractive entry point, especially with the weekly data (at thatI am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc.], Technical investing [histo ...

Canadian National Railway Company (CNI) reported third-quarter 2024 earnings of $1.26 per share (C$1.72), which missed the Zacks Consensus Estimate of $1.28. However, the bottom line remained flat on a year-over-year basis.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues for the third quarter of 2024 were $3.01 billion (C$4.11 billion), which lagged the Zacks Consensus Estimate of $3.06 billion. However, this reflects an increase of 1.37% year over year, driven by higher volum ...

Canadian National Railway Company (NYSE:CNI) Q3 2024 Earnings Conference Call October 22, 2024 4:30 PM ET Company Participants Stacy Alderson - Assistant Vice President, Investor Relations Tracy Robinson - President and Chief Executive Officer Derek Taylor - Executive Vice President and Chief Field Operations Officer Patrick Whitehead - Executive Vice President and Chief Network Operating Officer Remi Lalonde - Executive Vice President and Chief Commercial Officer Ghislain Houle - Executive Vice President a ...

Canadian National (CNI) reported $3.01 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 1.4%. EPS of $1.26 for the same period compares to $1.26 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.06 billion, representing a surprise of -1.69%. The company delivered an EPS surprise of -1.56%, with the consensus EPS estimate being $1.28.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Canadian National (CNI) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.56%. A quarter ago, it was expected that this railroad would post earnings of $1.41 per share when it actually produced earnings of $1.35, delivering a surprise of -4.26%.Over the last four quarters, the compan ...

In its upcoming report, Canadian National (CNI) is predicted by Wall Street analysts to post quarterly earnings of $1.28 per share, reflecting an increase of 1.6% compared to the same period last year. Revenues are forecasted to be $3.07 billion, representing a year-over-year increase of 3.4%. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections ...