Canadian National Railway (CNI) Tops Q1 EPS by 10c

Canadian National Railway (NYSE: CNI) reported Q1 EPS of Cdn$1.82, Cdn$0.10 better than the analyst estimate of Cdn$1.72. Revenue for the quarter came in at Cdn$4.31 billion versus the consensus estimate of Cdn$4.25 billion.

Updated 2023 financial outlook: (2) In light of the strength of its first quarter results, CN is now expecting to deliver adjusted diluted EPS growth in the mid single digits over 2022 (compared to its January 24, 2023 target of low single digits). (1)

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

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