Canadian National Railway (CNI) Reports Q2 EPS of C$1.49

Canadian National Railway (NYSE: CNI) reported Q2 EPS of Cdn$1.49, versus Cdn$1.28 reported last year. Revenue for the quarter came in at Cdn$3.6 billion, versus Cdn$3.2 billion reported last year.

Reaffirmed 2021 financial outlook (2)CN is still targeting double-digit adjusted diluted EPS growth, versus 2020 adjusted diluted EPS of C$5.31 (1) and continues to assume high single-digit volume growth in 2021 in terms of RTMs. Furthermore, CN is still targeting free cash flow in the range of C$3.0 billion to C$3.3 billion in 2021 compared to C$3.2 billion in 2020.

For earnings history and earnings-related data on Canadian National Railway (CNI) click here.

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