Investing.com - Canadian National Railway (TSX:CNR) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Canadian National Railway announced earnings per share of C$1.71 on revenue of C$3.75B. Analysts polled by Investing.com anticipated EPS of C$1.52 on revenue of C$3.69B.
Canadian National Railway shares are down 0.47% from the beginning of the year and are trading at C$126.89 , down-from-52-week-high.They are broadly in line with the EUR/USD which is down 0% from the start of the year.
Canadian National Railway shares gained 3.77% in after-hours trade the report.
Canadian National Railway follows other major Industrials sector earnings this month
Canadian National Railway's report follows an earnings beat by Union Pacific on Thursday, who reported EPS of C$2.66 on revenue of C$5.73B, compared to forecasts EPS of C$2.61 on revenue of C$5.6B.
Raytheon Technologies had beat expectations on Tuesday with fourth quarter EPS of C$1.08 on revenue of C$17.04B, compared to forecast for EPS of C$1.02 on revenue of C$17.28B.
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