Canadian National Railway (CNR) has announced its Q4 earnings, reporting a 3% decrease in both revenue and revenue ton miles for the period. The company’s operating ratio for the quarter increased by 3.3 points to 62.6%, compared to the same period last year.
Despite the decline in revenue metrics, Canadian National Railway noted that its operating model’s resilience allowed it to recover swiftly from multiple supply chain disruptions in 2024.
Looking ahead, the company is optimistic about its future growth. Canadian National Railway expects adjusted diluted earnings per share (EPS) growth of 10% to 15% and plans to invest approximately C$3.4 billion in its capital program. Over the 2024 to 2026 period, the company continues to target high single-digit compounded annual adjusted diluted EPS growth.
“We have good momentum as 2025 begins, and we are well positioned to drive growth with our customers and operational leverage across our system,” said CEO Tracy Robinson.
Following the earnings release, shares of Canadian National Railway (CNI) saw a slight increase of 0.4% in postmarket trading, reaching $105.50, within a 52-week range of $98.96 to $134.02.
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