Canadian National Railway (CNI) Tops Q4 EPS by 2c

Canadian National Railway (NYSE: CNI) reported Q4 EPS of Cdn$1.49, Cdn$0.02 better than the analyst estimate of Cdn$1.47. Revenue for the quarter came in at Cdn$3.81 billion versus the consensus estimate of Cdn$3.81 billion.

• 2019 outlook and shareholder distribution (4)“With CN-specific growth opportunities, combined with a broadly positive economic backdrop, we expect high single-digit volume growth in 2019 in terms of revenue ton miles (RTMs),” said Ruest.
• CN expects to deliver EPS growth in the low double-digit range this year compared to adjusted diluted EPS of C$5.50 in 2018

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

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