Canadian National Railway (NYSE: CNI) has set the date for the release of its third quarter financial results on Tuesday 22nd October 2024, after market close. Investors and analysts will have a chance to analyze the company's performance during the quarter.
the business is projected to announce an estimated per share $1.23 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $2.98 billion for this period.
In the preceding quarter of the previous year, the company shared its financial results, revealing that it had income of $1.26 per share.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $12.5 billion. Furthermore, they expect the business to achieve profit of $5.37 per share during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.35 | +3.1% | 3.16 B | +4.8% |
| Q1 2024 | $1.28 | -5.2% | 3.15 B | -1.2% |
| Q4 2023 | $1.48 | -5.1% | 3.29 B | -2.9% |
| Q3 2023 | $1.26 | -22.7% | 2.97 B | -14.1% |
| Q2 2023 | $1.31 | -13.2% | 3.02 B | -11.3% |
| *Growth on year-over-year basis | ||||
CNI will host a conference call with investment community on 22nd October 2024 at 04:30 PM eastern time to discuss the financial results.
Canadian National Railway (CNI) shares traded as low as $113.05 and as high as $114.99 on a day volume of 1.35 million shares, closed Friday's regular trading session at $113.62, fall of 0.72 percent.