Canadian National (CNI) Stock Down 2.2% Despite Q4 Earnings Beat

Canadian National Railway Company (CNI) reported solid fourth-quarter 2023 results, wherein both earnings and revenues beat the Zacks Consensus Estimate. However, the solid results failed to impress investors as CNI fell 2.2% since its earnings release.Quarterly earnings per share (EPS) of $1.48 (C$3.29) (excluding 94 cents from non-recurring items) beat the Zacks Consensus Estimate of $1.46 but declined 4.5$3,284.4 million (C$4,471 million) surpassed the Zacks Consens ...