04:29 PM EDT, 05/01/2025 (MT Newswires) -- Canadian National Railway ( CNI ) edged up in after-hours New York trade after the company on Thursday reported first-quarter profit and revenue that beat estimates.

The company said it earned $1.16 billion or $1.85 per share, in the period, from $1.1 billion, or $1.72, in the year-prior quarter. The result beat the consensus analyst estimate of $1.78 per share, according to Capital IQ.

Revenue increased 4% to $4.4 billion, from $4.25 billion, also beating the $4.36 billion forecast.

The railway's operating ratio, an efficiency measure where lower is better, fell to 63.4% from 63.6%.

CN Rail expects to deliver adjusted diluted EPS growth of 10%-15% and plans to invest $3.4 billion in its capital program in 2025, but noted the heightened recessionary risk related to tariffs and trade actions taken by various countries.

"Our team delivered a strong performance this quarter through tight cost control and disciplined adherence to our plan, mitigating the impact of winter conditions," said Chief Executive Tracy Robinson. "In the context of a volatile macroeconomic and geopolitical environment, we will remain focused on agility and customer collaboration."

The company will pay its regular quarterly dividend of $0.89 per share on June 30.

CN Rail's shares were last seen up US$0.58 to US$96.20 after hours. The closed down $1.21 to $132.30 on the Toronto Stock Exchange.