Group 1 - CN's President and CEO, Tracy Robinson, will speak at the 2025 RBC Capital Markets Canadian Industrials Conference on May 14, 2025, at 8:35 a.m. ET [1] - CN will provide a live webcast of the conference on its investor relations website, with a replay available after the event [1] Group 2 - CN transports over 300 million tons of natural resources, manufactured products, and finished goods across North America annually [2] - The company operates a nearly 20,000-mile rail network that connects Canada's Eastern and Western coasts with the U.S. Midwest and Gulf Coast [2] - CN has been contributing to sustainable trade and community prosperity since its establishment in 1919 [2]

Core Viewpoint - Canadian National Railway Company (CNI) reported mixed financial results for the first quarter of 2025, with earnings per share exceeding estimates while revenues fell short of expectations and declined year-over-year [1][2]. Financial Performance - CNI's earnings for Q1 2025 were $1.29 per share (C$1.85), surpassing the Zacks Consensus Estimate of $1.26 and showing a 0.7% year-over-year improvement [1]. - Revenues for the same period were $3.06 billion (C$4.40 billion), missing the Zacks Consensus Estimate of $3.11 billion and declining by 2.6% year-over-year [1]. - Operating income grew by 4.1% compared to Q1 2024, while the operating ratio worsened slightly to 63.4% from 63.6% [3]. Revenue and Volume Metrics - Revenue ton-miles (RTMs) increased by 1% year-over-year, while carloads decreased by 2% [2]. - Freight revenue per RTM rose by 3% year-over-year [2]. - Freight revenues, which accounted for 97.3% of total revenues, increased by 4% year-over-year, with notable growth in petroleum and chemicals (7%), coal (11%), grain and fertilizers (11%), and automotive (1%) [4]. Segment Performance - Carloads in petroleum and chemicals, metals and minerals, forest products, and intermodal segments saw decreases of 1%, 11%, 6%, and 2%, respectively [5]. - In contrast, carloads in coal, grain and fertilizers, and automotive segments increased by 5%, 4%, and 2% year-over-year [5]. Liquidity and Capital Management - CNI ended Q1 2025 with cash and cash equivalents of C$232 million, down from C$389 million at the end of the previous quarter [6]. - Long-term debt decreased to C$18.9 billion from C$19.7 billion [6]. - CNI generated C$1.16 billion from operating activities, with free cash flow reported at C$626 million [6]. Share Repurchase Program - Under its current Normal Course Issuer Bid (NCIB), CNI may repurchase up to 20 million common shares from February 4, 2025, to February 3, 2026, but had not repurchased any shares as of March 31, 2025 [7]. - CNI repurchased 13.9 million common shares under its previous NCIB, including 0.6 million in Q1 2025 [7]. Outlook - For the full year 2025, CNI anticipates adjusted earnings per share (EPS) growth of 10%-15% and plans to invest approximately C$3.4 billion in its capital program [8]. - CNI expects slightly positive growth in North American industrial production in 2025, adjusting from a prior expectation of 1% [8]. - The company continues to project RTM growth in the low to mid-single-digit range and assumes the Canadian dollar will be valued at approximately $0.70 in U.S. currency [9]. Long-term Projections - CNI aims for compounded annual adjusted diluted EPS growth in the high single-digit range from 2024 to 2026 [10]. - The company continues to expect North American industrial production to increase by nearly 1% CAGR over the 2024-2026 period [11].

MONTREAL, May 05, 2025 (GLOBE NEWSWIRE) -- Tracy Robinson, President and Chief Executive Officer of CN (TSX: CNR) (NYSE: CNI), will address the Bank of America's 2025 Transportation, Airlines and Industrials Conference on May 13, 2025, at 8:45 a.m. Eastern Time (ET). CN will provide a live webcast via the Investors section of its website at www.cn.ca/investors. A replay of the webcast will be available following the event. About CN CN powers the economy by safely transporting more than 300 million tons of n ...

MONTREAL, May 02, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced that the director nominees listed in the management information circular dated March 10, 2025 (the “Information Circular”), were elected as directors of CN. The detailed results of the vote for the election of directors held at CN’s Annual Meeting of Shareholders (“Meeting”) on May 2, 2025 via online webcast are set out below. Election of Directors On a vote by ballot, each of the following 11 nominees proposed by management was ...

For the quarter ended March 2025, Canadian National (CNI) reported revenue of $3.07 billion, down 2.7% over the same period last year. EPS came in at $1.29, compared to $1.28 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.11 billion, representing a surprise of -1.32%. The company delivered an EPS surprise of +2.38%, with the consensus EPS estimate being $1.26.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...

Canadian National (CNI) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.38%. A quarter ago, it was expected that this railroad would post earnings of $1.37 per share when it actually produced earnings of $1.30, delivering a surprise of -5.11%.Over the last four quarters, the company ...

Core Viewpoint - CN has announced a quarterly dividend of C$0.8875 per common share for the second quarter of 2025, reflecting the company's commitment to returning value to shareholders [1]. Company Overview - CN operates a nearly 20,000-mile rail network, transporting over 300 million tons of natural resources, manufactured products, and finished goods across North America annually [2]. - The company has been contributing to sustainable trade and the prosperity of communities since its establishment in 1919 [2].

Core Insights - CN reported a diluted EPS of C$1.85 for Q1 2025, reflecting an 8% increase compared to the previous year [1][10] - The company achieved total revenues of C$4,403 million, a 4% increase from C$4,249 million in Q1 2024 [10][20] - Operating income rose to C$1,610 million, also a 4% increase from C$1,546 million in the same quarter last year [10][20] Financial Performance - Revenue ton miles (RTMs) increased by 1% to 60,049 million [10][20] - Freight revenues reached C$4,288 million, up from C$4,137 million, marking a 4% increase [10][20] - Operating ratio improved to 63.4%, a slight enhancement from 63.6% in Q1 2024 [10][20] Operational Highlights - The company plans to invest approximately C$3.4 billion in its capital program for 2025 [4] - CN expects adjusted diluted EPS growth of 10%-15% for 2025 and targets high single-digit compounded annual adjusted diluted EPS growth from 2024 to 2026 [4][5] - The company noted a heightened recessionary risk due to tariffs and trade actions, which could impact demand for freight transportation [5][13] Market Assumptions - CN anticipates slightly positive growth in North American industrial production for 2025, adjusting its previous estimate from approximately 1% [9] - The company expects the U.S. grain crop for 2025/2026 to be above its five-year average, while the Canadian grain crop is expected to align with its five-year average [9] - The average price of crude oil is now projected to be in the range of US$60 - US$70 per barrel for 2025 [11][12]

MONTREAL, May 01, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its first-quarter 2025 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 3839820 as the p ...

That said, let's delve into the average estimates of some CN metrics that Wall Street analysts commonly model and monitor. Analysts on Wall Street project that Canadian National (CNI) will announce quarterly earnings of $1.26 per share in its forthcoming report, representing a decline of 1.6% year over year. Revenues are projected to reach $3.11 billion, declining 1.4% from the same quarter last year. The consensus EPS estimate for the quarter has undergone an upward revision of 0.1% in the past 30 days, br ...