(Source: Freight Waves, April 26, 2021)
CHATTANOOGA, Tenn. — CN’s net profit for the first quarter of 2021 fell 3.7% to CA$974 million, or $1.37 per diluted share, compared with CA$1.01 billion, or $1.42 per diluted share, in the first quarter of 2020. One Canadian dollar equals 81 cents in U.S. dollars. Operating income rose 9% in the first quarter to CA$1.33 billion, while adjusted operating income fell 2% to CA$1.19 billion.
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