Recap: Canadian National Railway Q4 Earnings

Shares of Canadian National Railway CNI decreased in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share increased 14.58% over the past year to $1.10, which were in line with the estimate of $1.10.

Revenue of $2,812,000,000 higher by 1.88% from the same period last year, which missed the estimate of $2,830,000,000.

Guidance

Canadian National Railway hasn't issued any earnings guidance for the time being.

Canadian National Railway hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jan 26, 2021

Time: 04:30 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fwww.cn.ca%2F&eventid=2949700&sessionid=1&key=329AAACD90F539E3E65B046A6A5B07C5&regTag=&V2=false&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $116.16

52-week low: $65.13

Price action over last quarter: down 0.32%

Company Overview

Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2019, CN delivered almost 6 million carloads over its 19,600 miles of track. CN generated roughly CAD 14 billion in total revenue by hauling intermodal containers (25% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%). Other items constitute the remaining revenue.