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CN: 3Q Earnings Snapshot

MONTREAL (AP) _ Canadian National Railway Co. (CNI) on Tuesday reported third-quarter net income of $905.2 million.

The Montreal-based company said it had net income of $1.26 per share.

The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share.

The railroad posted revenue of $2.9 billion in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $2.94 billion.

CN shares have climbed 21% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $89.83, a climb of nearly 6% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNI at https://www.zacks.com/ap/CNI