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CN Reports Mixed Q2 Results, Adjusts Outlook

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CN Reports Mixed Q2 Results, Adjusts Outlook

Canadian National Railway (TSE:CNR) has released an update.

Canadian National Railway (CN) has reported a mix of increases and decreases in its second-quarter financial results, with a notable 7% rise in revenues but a slight 1% dip in diluted earnings per share. The company remains committed to growth and efficiency, adjusting its full-year earnings outlook to a mid to high single-digit range and maintaining a strong investment in its capital program. Despite facing challenges such as labor uncertainties, CN reaffirms its long-term financial goals, including a 10%-15% compounded annual growth in diluted EPS.

For further insights into TSE:CNR stock, check out TipRanks’ Stock Analysis page.

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