Canadian National Railway Q2 EPS $1.31 Misses $1.37 Estimate, Sales $3.02B Miss $3.17B Estimate
Portfolio Pulse from Benzinga Newsdesk
Canadian National Railway (NYSE:CNI) reported Q2 earnings of $1.31 per share, missing the analyst consensus estimate of $1.37 by 4.38%. This is a 13.25% decrease from the same period last year. The company also reported quarterly sales of $3.02 billion, missing the analyst consensus estimate of $3.17 billion by 4.66%. This is a 11.21% decrease from the same period last year.
July 25, 2023 | 8:10 pm
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Canadian National Railway's Q2 earnings and sales missed estimates, showing a decrease from the same period last year.
Canadian National Railway reported lower than expected earnings and sales for Q2, which is a negative signal for investors. This could lead to a decrease in the company's stock price in the short term.
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