Recap: Canadian National Railway Q1 Earnings

Canadian National Railway CNI reported its Q1 earnings results on Tuesday, April 26, 2022 at 05:05 PM.

Here's what investors need to know about the announcement.

Canadian National Railway missed estimated earnings by 10.34%, reporting an EPS of $1.04 versus an estimate of $1.16.

Revenue was up $143.00 million from the same period last year.

Last quarter the company beat on EPS by $0.2 which was followed by a 3.0% drop in the share price the next day.

Here's a look at Canadian National Railway's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.16	1.16	1.21	1
EPS Actual	1.36	1.21	1.21	0.97
Revenue Estimate	2.81B	2.81B	2.94B	2.88B
Revenue Actual	2.98B	2.85B	2.93B	2.78B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Canadian National Railway management provided guidance for FY 2022, expecting earnings between $5.39 and $5.63 per share.

To track all earnings releases for Canadian National Railway visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar