October 26, 2016 | CN, Headlines, Quarterly Income
(Source: CN press release, October 25, 2016) MONTREAL — CN today reported its financial and operating results for the third quarter ended Sept. 30, 2016. Third-quarter 2016 financial highlights: • Net income was C$972 million, or C$1.25 per diluted share, compared...
October 26, 2016 | CN, Headlines, Quarterly Income
(Source: Reuters, October 25, 2016) MONTREAL — Canadian National Railway Co reported a 6.5 per cent fall in quarterly revenue on Tuesday as it moved lower volumes of crude oil, coal and fracking sand. Full story: Globe and Mail
October 26, 2016 | Headlines, NS, Quarterly Income
(Source: Virginian-Pilot, October 25, 2016) NORFOLK, Va. — Norfolk Southern Corp. saw its third-quarter profit grow 2 percent compared to a year ago as it cut expenses, including workers and overtime. The railroad’s operating revenue dropped 7 percent to $2.5...
October 26, 2016 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 26, 2016) NORFOLK, Va. — Norfolk Southern Corporation today reported financial results for third-quarter 2016. Net income was $460 million, 2 percent higher compared with $452 million during the same period of 2015....
October 21, 2016 | CP, Headlines, Quarterly Income
(Source: Canadian Press, October 19, 2016) CALGARY — Canadian Pacific Railway reported a third-quarter profit of $347 million on Wednesday, topping its result a year ago, but falling short of investors’ expectations. Full story: Toronto Star
October 21, 2016 | Headlines, Quarterly Income, UP
(Source: Reuters, October 20, 2016) DETROIT — No. 1 U.S. railroad Union Pacific Corp on Thursday reported a lower quarterly net profit that missed expectations as freight volumes fell 6 percent and warned of continued business challenges, including a strong U.S....
October 20, 2016 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, October 20, 2016) OMAHA, Neb. — Union Pacific Corporation today reported 2016 third quarter net income of $1.1 billion, or $1.36 per diluted share compared to $1.3 billion, or $1.50 per diluted share, in the third quarter 2015....
October 19, 2016 | Headlines, KCS, Quarterly Income
(Source: Reuters, October 18, 2016) NEW YORK — Regional U.S. railroad Kansas City Southern on Tuesday reported a worse-than-expected quarterly net profit, weighed by falling freight volumes and disruptions stemming from anti-government protests in Mexico. Full story:...
October 19, 2016 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, October 19, 2016) CALGARY, Alberta — Canadian Pacific Railway Limited today announced third-quarter reported diluted earnings per share (EPS) of $2.34, adjusted diluted EPS of $2.73 and an operating ratio of 57.7...
October 18, 2016 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release (PDF), October 18, 2016) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported third quarter 2016 revenues of $605 million, a decrease of 4% from third quarter 2015. Overall carload volumes decreased 4% compared to third...