Canadian National Railway Earnings Beat, Revenue Misses In Q2

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Canadian National Railway announced earnings per share of C$1.28 on revenue of C$3.21B. Analysts polled by Investing.com anticipated EPS of C$0.92 on revenue of C$3,249M.

Canadian National Railway shares are up 5% from the beginning of the year , still down 1.63% from its 52 week high of C$97.18 set on July 21. They are outperforming the S&P Global (NYSE:SPGI) 100 which is up 3.23% from the start of the year.

Canadian National Railway’s report follows an earnings beat by FedEx on June 30, who reported EPS of C$2.53 on revenue of C$17.4B, compared to forecasts EPS of C$1.58 on revenue of C$16.41B.

Delta Air Lines had missed expectations on July 14 with first quarter EPS of C$-4.43 on revenue of C$1.47B, compared to forecast for EPS of C$-4.16 on revenue of C$1.42B.

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