
Bombardier Inc. reported first-quarter revenue of $1.52 billion, slightly below estimates of $1.54 billion, and adjusted EBITDA of $248 million, missing the expected $257.2 million. The company saw its first-quarter profit decline by 60%. Despite this, Bombardier forecasts full-year revenue above $9.25 billion and plans to deliver more than 150 aircraft in 2025. Bombardier has resumed providing earnings guidance for 2025, citing its diversified revenue base and expected strength in private jet sales. Cameco Corp. posted a first-quarter profit attributable to equity holders of $70 million, with adjusted net earnings also at $70 million and adjusted EBITDA of $353 million. Revenue for the quarter was $789 million, up from $634 million a year earlier. Cameco's adjusted earnings per share were $0.11, missing the $0.19 estimate, while sales reached $549.63 million, below the $806.82 million estimate. Uranium production totaled 6.0 million pounds, with sales volumes of 6.9 million pounds and an average realized price of $89.12 per pound. The company's fuel services segment produced 3.9 million kilograms, with sales volumes of 2.4 million kilograms and an average realized price of $56.64 per kilogram. Canadian National Railway reported first-quarter revenue of C$4.40 billion, exceeding the estimate of C$4.37 billion, and adjusted EPS of C$1.85, above the expected C$1.78. The company projects full-year adjusted EPS growth of 10% to 15% and capital expenditures of about C$3.4 billion. However, another report indicated Q1 EPS of $1.29, missing the $1.79 estimate, and sales of $3.07 billion, below the $4.38 billion estimate. TC Energy Corp. reported a first-quarter profit of $978 million as revenues increased compared to the previous year.
$CNI Canadian National Railway Q1 EPS $1.29 Misses $1.79 Estimate, Sales $3.07B Miss $4.38B Estimate
Canadian National Q1 25 Earnings: • Revenue: C$4.40B (est. C$4.37B) • Adjusted EPS: C$1.85 (est. C$1.78) • Sees FY Adjusted EPS: +10% to +15% • Sees FY CapEx: About C$3.4B
Bombardier Inc. is offering earnings guidance for 2025 again after pausing last quarter, as the jet manufacturer sees its diversified revenue as strong enough to help it navigate through an uncertain economic environment https://t.co/Utq5JRgZwN
