Canadian National Railway Earnings Miss, Revenue Beats In Q1

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Canadian National Railway announced earnings per share of C$1.32 on revenue of C$3.71B. Analysts polled by Investing.com anticipated EPS of C$1.4 on revenue of C$3.67B.

Canadian National Railway shares are down 3.42% from the beginning of the year, still down 10.74% from its 52 week high of C$137.19 set on March 30. They are outperforming the Nasdaq which is down 20.16% from the start of the year.

Canadian National Railway shares lost 2.74% in after-hours trade following the report.

Canadian National Railway’s report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of C$3.05 on revenue of C$24.56B, compared to forecasts EPS of C$2.89 on revenue of C$23.82B.

Raytheon Technologies had beat expectations on Tuesday with first quarter EPS of C$1.15 on revenue of C$15.72B, compared to forecast for EPS of C$1.01 on revenue of C$15.88B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar