Canadian National Railway (NYSE: CNI) reported Q4 EPS of CDN$1.03, CDN$0.06 better than the analyst estimate of CDN$0.97. Revenue for the quarter came in at CDN$3.2 billion versus the consensus estimate of CDN$3.12 billion.

Positive 2015 outlook, increased dividend (2) Mongeau said: "CN is optimistic about its future prospects. The Company is aiming to deliver double-digit EPS growth in 2015 over adjusted diluted 2014 EPS of C$3.76. In addition, CN plans to increase its capital spending by roughly C$300 million for a total 2015 investment of approximately C$2.6 billion.

"Given CN's strong balance sheet and its solid outlook for earnings and free cash flow generation, I am pleased to announce that the Company's Board of Directors has approved a 25 per cent increase in CN's 2015 quarterly common-share dividend. CN has increased its dividend per share by 17 per cent per year on average since its privatization in 1995."

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