tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CN cuts FY25 adjusted EPS view to up mid to high single-digits from up 10%-15%

The company said, “Due to economic uncertainty, attributable to persistent trade and tariff volatility in key economic sectors, CN (CNI) now expects to deliver adjusted diluted EPS growth in the mid to high single-digit range in 2025 compared to its January 30, 2025 expectation of 10%-15%. CN continues to plan to invest approximately C$3.4 billion in its capital program, net of amounts reimbursed by customers. Given the Company’s updated guidance for 2025, and the continued high level of macroeconomic uncertainty and volatility related to evolving trade and tariff policies, CN is removing its 2024-2026 financial outlook.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1