75.00 -0.19 (-0.25%)
After hours: 4:13PM EDT
|Bid||73.45 x 100|
|Ask||75.39 x 100|
|Day's Range||75.10 - 76.21|
|52 Week Range||70.59 - 85.73|
|PE Ratio (TTM)||13.34|
|Forward Dividend & Yield||1.41 (1.89%)|
|1y Target Est||82.52|
Canadian National Railway Co on Monday posted a 16.2 percent fall in quarterly profit as operating expenses shot up during the harsh winter, and the country's largest railroad cut its 2018 outlook as capacity limits strained its ability to meet high demand. The backlog led CN to recently reduce its crude by rail business, interim Chief Executive JJ Ruest told analysts on a conference call after the company released its results. Crude shipments dropped nearly 40 percent during the first quarter ended March 31 on an annual basis, a CN spokesman said after the call.
Calgary-based Canadian Pacific Railway’s (CP) carload traffic rose 0.14% YoY (year-over-year) in Week 15 of 2018. The railroad carried ~34,500 railcars excluding intermodal units in that week, compared with more than 34,400 units in the same week last year.
On a per-share basis, the Montreal-based company said it had net income of 79 cents. The results did not meet Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment ...
Canadian National Railway Co reported a 16.2 percent drop in first-quarter profit on Monday, hurt by higher operating expenses. The Montreal-based company's net income fell to C$741 million , or C$1 per ...
TORONTO, April 23, 2018-- CN announced today that its Board of Directors has approved a second-quarter 2018 dividend on the Company’ s common shares outstanding. A quarterly dividend of forty-five-and-one-half ...
Operating and service metrics improving; investments in additional capacity, locomotives and people positioning CN for long-term growth. TORONTO, April 23, 2018-- CN today reported its financial and operating ...
In Week 15 of 2018, Canada’s largest railroad, Canadian National Railway (CNI), reported a rise in its carload volumes. CNI’s carload traffic rose 2.9% YoY (year-over-year) to 65,900 units from 64,000 units in Week 15 of 2017. Compared with competitor Canadian Pacific Railway’s (CP) slight 0.14% gain, the Montreal-based railroad’s carload volume growth was much higher in Week 15 of 2018.
NEW YORK, NY / ACCESSWIRE / April 23, 2018 / Canadian National Railway Company (NYSE: CNI ) will be discussing their earnings results in their Q1 Earnings Call to be held on April 23, 2018 at 4:30 PM Eastern ...
Canadian National Railway Co.’s new boss is moving quickly to overcome service shortcomings that have curtailed profit and angered customers. The company is weighing the purchase of 500 “centerbeam” cars to accommodate rising lumber shipments and more than 500 hopper cars to renew the grain-hauling fleet starting next year, said interim Chief Executive Officer Jean-Jacques Ruest. Canada’s largest railroad is also in talks with General Electric Co. to speed locomotive deliveries and potentially exercise an option for 60 more.
TORONTO, April 23, 2018-- CN will issue its first-quarter 2018 financial and operating results today, April 23, 2018, at 4:01 p.m. Eastern Daylight Time.. CN's senior officers will review the results and ...
CSX (CSX) is tracked by 26 analysts surveyed by Thomson Reuters. It has a consensus rating of 2.2, indicating a “buy.” Six analysts (23.1%) have recommended a “strong buy” for the stock, and ten (38.5%) have recommended a “buy.” Eight analysts (30.8%) have given the stock a “hold” rating. After its 1Q18 earnings, there are still two analysts who are recommending a “sell.”
The Port of Prince Rupert, DP World Prince Rupert and CN (CNR.TO) (CNI) are pleased to announce a new weekly marine carrier service at the Fairview Container Terminal. Yang Ming and its partners in THE Alliance, Hapag-Lloyd and Ocean Network Express, have added Prince Rupert as the first North American port of call on the amended PS8 trans-Pacific service this spring. Originating in the ports of Tianjin, Qingdao, Shanghai and Busan, the new service makes its inaugural call at the Port of Prince Rupert on Saturday, April 21 with the arrival of the 6,500 TEU capacity vessel, the YM Masculinity.
Disappointing performance by Energy unit hurts Kansas City Southern's (KSU) Q1 results. Improvement in overall carload volumes encourage.
Canadian National Railway Co will buy 350 boxcars to satisfy rising demand for transporting commodities across North America, the country's biggest freight railroad operator said on Wednesday. The move ...
As part of CN’s $3.2 billion capital program in 2018, the company is investing in new trade-enabling infrastructure this spring and summer, building new track and yard capacity to handle increased traffic across CN’s West Coast to Chicago corridor more efficiently.
Canada’s largest railroad, Canadian National Railway (CNI), witnessed a high single-digit rise in its carload traffic in the week ended April 7, 2018, or Week 14. The railroad’s railcar traffic (excluding intermodal) grew 8.9% YoY (year-over-year) in Week 14 of 2018, to ~66,300 railcars from ~60,800 in Week 14 of 2017. Compared with rival Canadian Pacific Railway’s (CP) 2.1% carload traffic gains, CNI’s growth in the same category was far greater.
In this article, we’ll take a look at analysts’ recommendations on CSX (CSX) and its peers in view of its upcoming 1Q18 earnings. There were some changes in analysts’ opinions toward CSX following its 4Q17 earnings. Of the 26 analysts covering the stock, six (23.1%) now have “strong buy” opinions on the stock.
NEW YORK, April 13, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
As is evident from its policy decisions, which include rate cuts, trade wars, and the easing of lending via the amendment of the Dodd-Frank Act, the Trump administration is pushing for domestic manufacturing. Railroads (XLI) could see improved traction and consistent growth amid improving coal and industrial output in 2018. Berkshire Hathaway’s (BRK.B) BNSF consistently grew its business in 2017 on higher operating profits aided by investments made to improve efficiency.