Investing.com - Canadian National Railway (TSX:CNR) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Canadian National Railway announced earnings per share of C$1.52 on revenue of C$3.59B. Analysts polled by Investing.com anticipated EPS of C$1.41 on revenue of C$3.51B.
Canadian National Railway shares are up 13.2% from the beginning of the year and are trading at C$125.27 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Canadian National Railway shares gained 0.74% in after-hours trade the report.
Canadian National Railway follows other major Transportation sector earnings this month
Canadian National Railway's report follows an earnings missed by FedEx on Tuesday, September 21, 2021, who reported EPS of C$4.37 on revenue of C$22B, compared to forecasts EPS of C$4.88 on revenue of C$21.93B.
Kansas City Southern had missed expectations on Tuesday with third quarter EPS of C$2.02 on revenue of C$744M, compared to forecast for EPS of C$2.09 on revenue of C$729.46M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar