Canadian National Railway (NYSE:CNI) Announces Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR released its quarterly earnings results on Thursday. The transportation company reported $1.29 EPS for the quarter, beating analysts' consensus estimates of $1.26 by $0.03, Zacks reports. Canadian National Railway had a return on equity of 22.48% and a net margin of 26.09%. The business had revenue of $3.06 billion during the quarter, compared to analyst estimates of $4.38 billion. During the same period in the prior year, the firm posted $1.72 EPS. Canadian National Railway's quarterly revenue was up 3.6% compared to the same quarter last year. Canadian National Railway updated its FY 2025 guidance to 5.440-5.690 EPS.

Canadian National Railway Stock Performance

Canadian National Railway stock opened at $95.66 on Friday. Canadian National Railway has a fifty-two week low of $91.65 and a fifty-two week high of $129.18. The stock has a market cap of $60.12 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 1.95 and a beta of 0.93. The stock's 50 day simple moving average is $98.02 and its two-hundred day simple moving average is $103.29. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.48 and a current ratio of 0.66.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CNI. TD Securities raised Canadian National Railway from a "hold" rating to a "strong-buy" rating in a report on Monday, January 13th. Stifel Nicolaus cut their price objective on Canadian National Railway from $125.00 to $115.00 and set a "buy" rating for the company in a report on Monday, April 14th. Bank of America dropped their price target on Canadian National Railway from $119.00 to $112.00 and set a "neutral" rating for the company in a research note on Wednesday, January 8th. Royal Bank of Canada decreased their price objective on Canadian National Railway from $174.00 to $171.00 and set an "outperform" rating on the stock in a report on Friday, January 31st. Finally, Barclays dropped their target price on Canadian National Railway from $112.00 to $104.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 2nd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, seven have issued a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $120.36.

About Canadian National Railway

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.

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