Canadian National Q4 Earnings Lag Estimates, Decrease Year Over Year
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Canadian National Railway (CNI) reported a decrease in both earnings and revenues for the fourth quarter of 2024 compared to the previous year, missing analyst estimates.
January 31, 2025 | 3:45 pm
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Canadian National Railway's Q4 2024 earnings and revenues decreased year-over-year, missing analyst estimates, which could negatively impact the stock price in the short term.
The decrease in earnings and revenues, along with missing analyst estimates, typically leads to a negative market reaction as it indicates weaker financial performance and potential challenges ahead.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100