Canadian National Railway Earnings, Revenue Beat in Q1

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Canadian National Railway announced earnings per share of C$1.22 on revenue of C$3.55B. Analysts polled by Investing.com anticipated EPS of C$0.77 on revenue of C$3,489M. That with comparison to EPS of C$1.17 on revenue of C$3.54B in the same period a year before. Canadian National Railway had reported EPS of C$1.25 on revenue of C$3.58B in the previous quarter. Analysts are expecting EPS of C$1.33 and revenue of C$3,450M in the upcoming quarter.

Canadian National Railway shares are down 10.56% from the beginning of the year , still down 16.19% from its 52 week high of C$96.53 set on January 21. They are under-performing the EUR/USD which is down 0% year to date.

Canadian National Railway shares lost 0.43% in after-hours trade following the report.

Canadian National Railway’s report follows an earnings beat by Union Pacific on Thursday, who reported EPS of C$2.15 on revenue of C$5.23B, compared to forecasts EPS of C$1.9 on revenue of C$5.11B.

CSX had beat expectations on Wednesday with first quarter EPS of C$1 on revenue of C$2.86B, compared to forecast for EPS of C$0.94 on revenue of C$2.87B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar