Canadian National Railway Company ( (CNI) ) has released its Q4 earnings. Here is a breakdown of the information Canadian National Railway Company presented to its investors.
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Canadian National Railway Company (CN) is a leading North American transportation and logistics company, operating a vast rail network that spans from the Canadian coasts to the U.S. Midwest and Gulf of Mexico, facilitating the movement of goods and resources across the continent. In its latest earnings report, CN revealed a mixed financial performance for the fourth quarter and full-year 2024, with a noticeable decline in earnings per share and operating income compared to the previous year, despite a modest increase in annual revenues. The company reported a decrease in revenue ton miles and a higher operating ratio, indicating increased operational expenses relative to revenues. Additionally, CN has announced a 5% dividend increase for 2025, continuing its long-standing practice of rewarding shareholders. Looking forward, CN is optimistic about achieving 10%-15% growth in adjusted diluted EPS for 2025, with plans to invest significantly in its capital program to enhance operational capabilities and drive future growth.
