MONTREAL, July 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) will issue its second-quarter 2024 financial and operating results after the market close. CN's senior officers will review the results and the railway's outlook in a conference call starting at 4:30 p.m. Eastern Time today. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (International), using 2135176 as the p ...

Canadian National Railway (CNI) is scheduled to report second-quarter 2024 results on Jul 23 after market close.Canadian National has a discouraging earnings surprise history, having surpassed the Zacks Consensus Estimate in two of the trailing four quarters and missing twice. The average miss is 1.14%.The Zacks Consensus Estimate for CNI’s soon-to-be reported quarter’s earnings has been revised downward by 1.39% in the past 60 days to $1.42 per share. The Zacks Consensus Estimate for revenues is pegged at ...

Canadian National (CNI) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 23, 2024, might help the stock move higher if these key numbers are better than ...

keithbwinn Summary Of the publicly traded Class 1 freight railroad companies, three are solid options for dividend-focused investors: Union Pacific Corporation (UNP), CSX Corporation (CSX), and Canadian National Railway Company (NYSE:CNI, TSX:CNR:CA). The other two are Canadian Pacific Kansas City Limited (CP, CP:CA), which has had impressive revenue growth of late but does not prioritize dividends, and Norfolk Southern (NSC), which has a competitive dividend but is a laggard by other key financial metr ...

文章核心观点 - 近期通胀数据有所好转,核心CPI上涨0.1%,低于预期,标志着通胀压力有所缓解 [2] - 市场预期未来12个月内美联储将降息6次,将利率从5.25-5.50%降至3.75-4.00% [12] - 尽管通胀有所缓解,但市场对此反应并不乐观,出现了"卖出好消息"的情况 [23] - 预计未来市场将出现更加广泛的涨势,大型科技股的主导地位可能会有所缓解 [25][26] 行业总结 房地产行业 - 家得宝是一家房地产和消费者相关的优质公司,具有较大的市场空间和增长潜力 [30][31][32][34][35][36][40] 铁路运输行业 - 加拿大国铁是一家优质的铁路公司,受益于多个行业的增长机会,财务状况良好 [43][44][45][46][47][48][49][50][51][52] 农业机械行业 - 约翰迪尔虽然近期受到一些负面舆论影响,但长期来看仍是一家优质的周期性股票 [53][54][55][56][57][59][60][61][62][63][64][65][66][69]

The Zacks Transportation - Rail industry faces challenges, ranging from inflationary pressures and resultant high interest rates to concerns pertaining to supply-chain disruptions.Despite the challenges surrounding the industry, Canadian National Railway Company (CNI) , Canadian Pacific Kansas City Limited (CP) , CSX Corporation (CSX) and Norfolk Southern Corporation (NSC) appear better placed to tide over the challenges. Declining fuel costs represent a tailwind as far as bottom-line growth is concerned.In ...

CHENG FENG CHIANG Investment Thesis Canadian National Railway Company (NYSE:CNI) should see a meaningful acceleration in growth moving ahead. The company's revenue growth should benefit from easing Y/Y comparisons in the coming quarters. Further, company-specific initiatives like the West Coast expansion project and strategic partnerships should also contribute to revenue growth. The pricing outlook also remains positive, with the company continuing to implement price increases above inflation. On the margi ...

Canadian National’s (CNI) efforts to reward its shareholders through dividends and buybacks despite the ongoing economic uncertainty are commendable. However, the freight market downturn is severely impacting the company’s performance. Factors Favoring CNI Canadian National increased its quarterly dividend by 7% in January. This is the 28 consecutive year when the company announced a dividend hike. CNI paid quarterly dividends of $0.85 per share, amounting to $540 million in the first quarter of 2024. As of ...

Prospects of Zacks Transportation - Rail industry’s participants are being weighed down by challenges like inflation-induced elevated interest rates, supply-chain disruptions and the slowdown of economic growth. Most industry players are looking to drive their bottom line amid the headwinds through cost reduction. Partly due to these headwinds, the industry has declined 6.4% so far this year, underperforming the S&P 500 Index’s 7.5% appreciation and a 5.9% loss of the broader Zacks Transportation sector. Im ...

MONTREAL, June 06, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced that earlier this week, it had formally offered the Teamsters Canada Rail Conference (TCRC) to enter into binding arbitration. This process has a mutually agreed upon independent arbitrator settle the labour dispute by evaluating the demands of each side and deciding on the terms of the new collective agreement. The TCRC has rejected all offers put to them and has now rejected a voluntary arbitration process. Background on C ...