CN: 4Q Earnings Snapshot

MONTREAL (AP) _ Canadian National Railway Co. (CNI) on Tuesday reported fourth-quarter profit of $783.5 million.

On a per-share basis, the Montreal-based company said it had net income of $1.10.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.

The railroad posted revenue of $2.81 billion in the period, meeting Street forecasts.

For the year, the company reported profit of $2.66 billion, or $3.73 per share. Revenue was reported as $10.32 billion.

CN shares have fallen slightly more than 2% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $107.19, a climb of 16% in the last 12 months.

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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