Canadian National Railway Co

CNR

Equity

ISIN CA1363751027 / Valor 112938

Toronto Stock Exchange (2024-12-27)

CAD 147.02-0.71%

Canadian National Railway Co
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About company

Canadian National Railway Co is a leading transportation company that operates a network of railroads across Canada and the United States. The company's Board of Directors oversees all major decisions related to the business, with a focus on enhancing shareholder value. Canadian National Railway Co plays a crucial role in the transportation of goods and commodities, serving a wide range of industries such as agriculture, energy, and manufacturing. With a strong track record of operational excellence and a commitment to innovation, Canadian National Railway Co continues to be a key player in the North American transportation industry.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue Growth

In the third quarter of 2024, Canadian National Railway Co reported revenues of C$4,110 million, marking an increase of C$123 million or 3% compared to the same period in the previous year. This growth reflects the company's ability to adapt to operational challenges and maintain a steady revenue stream.

Operating Income Stability

Canadian National Railway Co's operating income for the third quarter of 2024 was C$1,515 million, which remained consistent with the prior year's results. This stability indicates effective cost management and operational efficiency despite external challenges.

Earnings Per Share Increase

The diluted earnings per share (EPS) for Canadian National Railway Co in the third quarter of 2024 increased by 2% to C$1.72. This improvement in EPS highlights the company's ability to enhance shareholder value through strategic financial management.

Operating Ratio

For the third quarter of 2024, Canadian National Railway Co reported an operating ratio of 63.1%, which represents an increase of 1.1 points from the previous year. The operating ratio, a key efficiency metric, indicates the percentage of revenue consumed by operating expenses.

Future Outlook

Looking ahead, Canadian National Railway Co maintains its guidance for adjusted diluted EPS growth in the low single-digit range for 2024. The company also plans to invest approximately C$3.5 billion in its capital program, aiming for long-term growth and operational improvements.

Summarized from source with an LLMView Source

Key figures

-11.6%1Y

-6.15%3Y

23.6%5Y

Performance

16.9%1Y

18.9%3Y

22.9%5Y

Volatility