Shares of Canadian National Railway CNI remain flat in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 6.59% year over year to $0.97, which missed the estimate of $1.00.
Revenue of $2,783,000,000 up by 5.22% from the same period last year, which missed the estimate of $2,880,000,000.
Outlook
Canadian National Railway hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Apr 26, 2021
Time: 04:30 PM
Price Action
52-week high: $119.61
Company's 52-week low was at $76.90
Price action over last quarter: Up 8.03%
Company Profile
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.
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