CPKC boosts Q3 profits despite summer shutdown [Globe and Mail, The (Toronto, Canada)]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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Source: Globe and Mail, The
Canadian Pacific Kansas City Ltd. CP-T decrease is reporting a jump in profits and sales during its latest quarter, despite a labour disruption that forced the railway to wind down operations over a two-week stretch last August. The Calgary-based company says net income climbed seven per cent to $837 million in the three months ended Sept. 30 from $780 million in the same period the year before. It says third-quarter revenues rose six per cent to $3.55 billion from $3.34 billion a year earlier. Diluted earnings increased to 90 cents per share from 84 cents per share. CEO Keith Creel says temporary headwinds buffeted the railway over the past few months, but that it delivered a strong performance across its network. CPKC and rival Canadian National Railway Co. CNR-T decrease grappled with wildfires and a countrywide work stoppage over the summer as well as a B.C. grain workers strike last month. Sign up for our new Business Brief newsletter. A daily look at the most
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News
- Insider Report: CN Rail directors accumulate shares as it near its 52-week low [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Canada's Labor Minister ends coast-to-coast port labor strife, forcing unions back to work [CNBC]CNBC
- B.C. Insider: Ottawa orders ports in B.C., Quebec to reopen [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Canadian National Railway (NYSE: CNI) was upgraded by analysts at Citigroup Inc. from a "neutral" rating to a "buy" rating. They now have a $130.00 price target on the stock, up previously from $126.00.MarketBeat
- Is CNR Stock Undervalued Right Now? [Yahoo! Finance Canada]Yahoo! Finance Canada
CNI
Earnings
- 10/22/24 - Beat
CNI
Sec Filings
- 11/4/24 - Form SC
- 10/22/24 - Form 6-K
- 10/8/24 - Form SCHEDULE
- CNI's page on the SEC website