MONTREAL QUEBEC, Quebec (AP) — MONTREAL QUEBEC, Quebec (AP) — Canadian National Railway Co. (CNI) on Thursday reported fourth-quarter profit of $819.1 million.
The Montreal Quebec, Quebec-based company said it had profit of $1.30 per share.
The results did not meet Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.
The railroad posted revenue of $3.11 billion in the period, which beat Street forecasts. Nine analysts surveyed by Zacks expected $3.07 billion.
For the year, the company reported profit of $3.25 billion, or $5.12 per share. Revenue was reported as $12.44 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNI at https://www.zacks.com/ap/CNI
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