Markets Canadian National Railway Earnings Beat Revenue in Q3

© Stocksak. Canadian National Railway Earnings and Revenue Beat in Q3 – Canadian National Railway reported Tuesday that the third quarter beat analysts’ predictions and that revenue exceeded expectations.

Canadian National Railway reported earnings per sen at C$2.13 per share on revenue of C$4.51. polled analysts and predicted EPS of C$2.00 for revenue of C$4.32B.

Canadian National Railway shares have fallen 37% since the beginning of the year. However, they are still down 15.81% from their 52-week high of C$137.19 on March 30.

After-hours trade saw Canadian National Railway shares lose 2.61% following the report.

Canadian National Railway is following other major industrials sector earnings this Month

Canadian National Railway’s report comes after United Parcel Service beat them on Tuesday with EPS of C$2.99 for revenue of C$24.2B. Forecasts were for EPS C$2.86 on revenue C$24.4B.

Raytheon Technologies exceeded expectations on Tuesday, posting a third quarter EPS (C$1.21) on revenue C$17B. This was compared to EPS (C$1.14) on revenue C$17.31B.

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