Canadian National Railway Earnings, Revenue Beat in Q4

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Canadian National Railway announced earnings per share of C$1.43 on revenue of C$3.66B. Analysts polled by anticipated EPS of C$1.42 on revenue of C$3.63B.

Canadian National Railway shares are down 2% from the beginning of the year, still down 7.70% from its 52 week high of C$116.08 set on January 8. They are under-performing the Nasdaq 100 which is up 4.67% from the start of the year.

Canadian National Railway’s report follows an earnings beat by Union Pacific on Thursday, who reported EPS of C$2.36 on revenue of C$5.14B, compared to forecasts EPS of C$2.25 on revenue of C$5.1B.

CSX had beat expectations on Thursday with fourth quarter EPS of C$1.04 on revenue of C$2.77B, compared to forecast for EPS of C$1.01 on revenue of C$2.77B.

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