Canadian National Railway (CNI) Projected to Post Earnings on Thursday

Canadian National Railway (NYSE:CNIGet Free Report) (TSE:CNR) is expected to post its quarterly earnings results after the market closes on Thursday, January 30th. Analysts expect Canadian National Railway to post earnings of $1.43 per share and revenue of $4,439,467.63 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Canadian National Railway (NYSE:CNIGet Free Report) (TSE:CNR) last released its quarterly earnings results on Tuesday, October 22nd. The transportation company reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.02. The firm had revenue of $4.11 billion during the quarter, compared to analysts’ expectations of $4.08 billion. Canadian National Railway had a return on equity of 23.62% and a net margin of 31.65%. Canadian National Railway’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.26 EPS. On average, analysts expect Canadian National Railway to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Canadian National Railway Stock Performance

NYSE:CNI opened at $104.43 on Thursday. Canadian National Railway has a 1-year low of $98.96 and a 1-year high of $134.02. The firm has a 50-day moving average of $105.08 and a two-hundred day moving average of $111.60. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.64 and a quick ratio of 0.49. The stock has a market cap of $65.67 billion, a P/E ratio of 16.74, a PEG ratio of 2.30 and a beta of 0.91.

Analyst Ratings Changes

CNI has been the subject of a number of research analyst reports. Wells Fargo & Company dropped their price target on shares of Canadian National Railway from $125.00 to $123.00 and set an “overweight” rating for the company in a research note on Monday, January 13th. Bank of America reduced their price target on shares of Canadian National Railway from $119.00 to $112.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. Citigroup upgraded Canadian National Railway from a “neutral” rating to a “buy” rating and raised their target price for the company from $126.00 to $130.00 in a research report on Tuesday, November 12th. Barclays decreased their price objective on shares of Canadian National Railway from $121.00 to $112.00 and set an “equal weight” rating for the company in a report on Friday, January 17th. Finally, Stephens reiterated an “equal weight” rating and issued a $116.00 price target on shares of Canadian National Railway in a research report on Wednesday, October 23rd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, seven have issued a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Canadian National Railway has an average rating of “Moderate Buy” and an average price target of $124.02.

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Canadian National Railway Company Profile

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Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.

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Earnings History for Canadian National Railway (NYSE:CNI)

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