CN: Q3 Earnings Snapshot
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MONTREAL (AP) — MONTREAL (AP) — Canadian National Railway Co. (CNI) on Tuesday reported third-quarter earnings of $826 million.
The Montreal-based company said it had profit of $1.26 per share.
The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share.
The railroad posted revenue of $2.97 billion in the period, which also did not meet Street forecasts. Nine analysts surveyed by Zacks expected $3.01 billion.
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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
