Canadian National Railway (NYSE: CNI) reported Q3 EPS of Cdn$1.38, versus Cdn$1.66 reported last year. Revenue for the quarter came in at Cdn$3.41 billion, versus Cdn$3.83 billion reported last year.

Financial results highlightsThird-quarter 2020 compared to third-quarter 2019

• Volumes, in terms of revenue ton miles (RTMs), improved sequentially in each month of the third quarter of 2020 and September volumes increased on a year-over-year basis, reflecting demand for certain commodities in-line with 2019 levels.
• Revenues of C$3,409 million, a decrease of C$421 million or 11 per cent.
• Diluted earnings per share of C$1.38, a decrease of 17 per cent.
• Operating ratio of 59.9 per cent, an increase of 2.0 points.
• Operating income of C$1,366 million, a decrease of 15 per cent.
• Free cash flow for the first nine months of 2020 was C$2,087 million, an increase of C$588 from the prior period.‌ ‌(1)

"CN's people never stopped working since the beginning of the pandemic and I am proud of the essential transportation service they have provided. As we look at the fourth quarter and beyond, we continue to see sequential improvements and momentum leading us to have a cautious optimism about the future. We remain confident in our ability to continue delivering long-term shareholder value."- JJ Ruest, President and Chief Executive Officer of CN

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