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- Tracy Robinson, President and Chief Executive Officer, CN MONTREAL, July 31, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today published its 2024-2025 Grain Plan, which builds on the Company's successful operational improvements and strategic capital investments from the previous grain season. CN is focused on developing and preparing our people for the upcoming grain season. A major priority for this year, is ongoing employee engagement, recruiting and training as we continue to manage a challengi ...

MONTREAL, July 31, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today published its 2024-2025 Grain Plan, which builds on the Company's successful operational improvements and strategic capital investments from the previous grain season. "We are confident that we have the right approach and resources in place to move this year's Canadian grain crop efficiently. We continue to lean into our scheduled railroading model and making sure that our ongoing capital investments position us for success again th ...

Revenues for the second quarter of 2024 were $3.16 billion (C$4.33 billion), which lagged the Zacks Consensus Estimate of $3.23 billion. However, this reflects an increase of 4.75% year over year, driven by higher volumes. The operating income for the second quarter of 2024 decreased by 3% when compared to the same period in 2023. The operating ratio, defined as operating expenses as a percentage of revenues, was 64% in the second quarter of 2024 compared with 60.6% in the second quarter of 2023. Liquidity ...

Pgiam All financial numbers in this article are in Canadian dollars unless noted otherwise. Introduction It's time to do one of my favorite things: discussing Class I railroads. Today, we start with the Canadian National Railway Company (NYSE:CNI), Canada's largest railroad and the competitor of my investment in Canadian Pacific Kansas City (CP). My most recent article on this US$76 billion market cap giant was written on April 29, when I called it a place where "Dividend Investors Go For Income And Growth. ...

MONTREAL, July 24, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced a commitment of $1.5 million through a three-year partnership with Hockey Helps the Homeless (HHTH). Starting with the 2024-2025 hockey season, CN will become the new Premier National Partner for HHTH to help raise awareness and financial support for people experiencing homelessness through education, fundraising, and partnering with solutions-based local shelters and services. In addition to assuming the role of Premier Nat ...

Remi Lalonde Maybe I'll start on the pull forward. Thanks for your question. So yes, for sure, we do see a part of that. There's, obviously, the biggest impact of the labor situation is on intermodal and the international business because our customers are planning vessels, they have to plan them quite a bit further out. On the domestic side, we think customers have largely proved out their truck contingencies and then more rapidly came back to the rails. But on the vessel side, it's a little trickier. So w ...

For the quarter ended June 2024, Canadian National (CNI) reported revenue of $3.16 billion, up 4.8% over the same period last year. EPS came in at $1.35, compared to $1.31 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $3.23 billion, representing a surprise of -2.04%. The company delivered an EPS surprise of -4.26%, with the consensus EPS estimate being $1.41. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

Canadian National (CNI) came out with quarterly earnings of $1.35 per share, missing the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.31 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates two times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on ...

CN will webcast the presentation live and furnish slides supporting the officers' remarks via the Investors section of its website at www.cn.ca/en/investors. A webcast replay will be available after the call ends. MONTREAL, July 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) will issue its secondquarter 2024 financial and operating results after the market close. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (International), using 2135176 as the ...