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Canadian National Railway Q3 Adjusted Earnings, Revenue Rise
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Canadian National Railway Q3 Adjusted Earnings, Revenue Rise
Oct 22, 2024 2:22 PM

04:56 PM EDT, 10/22/2024 (MT Newswires) -- Canadian National Railway ( CNI ) reported Q3 adjusted diluted earnings late Tuesday of 1.72 Canadian dollars ($1.24) per share, up from CA$1.69 a year earlier.

Analysts polled by Capital IQ expected CA$1.71.

Revenue in the three months ended Sept. 30 rose to CA$4.11 billion from CA$3.99 billion a year earlier.

Analysts surveyed by Capital IQ expected CA$4.09 billion.

The company continues to expect full-year diluted EPS growth in the low single-digit range.

Canadian National Railway ( CNI ) continues to target compounded annual adjusted diluted EPS growth in the high single-digit range in the 2024-26 period.

The company maintained its quarterly dividend at CA$0.845 a share, payable Dec. 30 to shareholders of record Dec. 9.

Price: 114.57, Change: +2.33, Percent Change: +2.08

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