(Source: Globe and Mail, April 24, 2017)
TORONTO — Canadian National Railway Co. rode a wave of new shipping contracts and record volumes to a 12-per-cent jump in first-quarter profit. CN late Monday posted net profit of $884-million and diluted earnings per share of $1.16 in the first three months of the year. Revenue rose by 8 per cent to $3.2-billion, compared with the same period a year earlier. Analysts expected per-share profit of $1.15 (both adjusted and net) and revenue of $3.2-billion, according to Bloomberg.
Full story: Globe and Mail