Canadian National Railway earnings inline, Revenue misses in Q2

  • Investing.com
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Canadian National Railway earnings inline, Revenue misses in Q2
Credit: © Reuters.

Investing.com - Canadian National Railway reported on Tuesday second quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.

Canadian National Railway announced earnings per share of C$1.49 on revenue of C$3.60B. Analysts polled by Investing.com anticipated EPS of C$1.49 on revenue of C$3.66B.

Canadian National Railway shares are up 16% from the beginning of the year and are trading at C$102.37 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 14.28% year to date.

Canadian National Railway follows other major Transportation sector earnings this month

Canadian National Railway's report follows an earnings missed by FedEx on Thursday, June 24, 2021, who reported EPS of C$5.01 on revenue of C$22.6B, compared to forecasts EPS of C$5.02 on revenue of C$21.52B.

Delta Air Lines had beat expectations on Wednesday, July 14, 2021 with second quarter EPS of C$-1.07 on revenue of C$7.13B, compared to forecast for EPS of C$-1.38 on revenue of C$6.22B.

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

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