22.04.2014 23:54:34

Canadian National Railway Co. Q1 Profit Up - Quick Facts

(RTTNews) - Canadian National Railway Company (CNI) Tuesday reported first-quarter profit of C$623 million or C$0.75 per share, up from C$555 million or C$0.65 per share in the same period last year.

Adjusted earnings for the quarter were C$551 million or C$0.66 per share. On average, 26 analysts polled by Thomson Reuters expected the company to earn $0.62 per share for the quarter. Analysts' estimates typically exclude special items.

First-quarter revenues increased 9 percent to C$2.69 billion from C$2.47 billion last year. Analysts expected revenues of $2.63 billion.

Looking ahead to the fiscal 2014, the company is aiming to deliver double-digit EPS growth.

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