Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Canadian National Railway (CNI) reported its Q3 2024 earnings, revealing a net income of CAD 1,085 million and earnings per share (EPS) of CAD 1.72, which aligns with estimates. The company's revenue reached CAD 4,110 million, reflecting a 3% increase from the previous year. Revenue ton miles (RTMs) also increased by 2% to 56,548 million. Operating income remained stable at CAD 1,515 million, consistent with the prior year. Meanwhile, Canadian Pacific Railway (CP) announced its Q3 2024 earnings, reporting a revenue of CAD 2.60 billion, which is a 4.54% year-over-year increase but fell short of estimates by CAD 18 million. The EPS for CP was CAD 0.73, marking a 5.80% increase year-over-year and in line with expectations. The operating ratio for CP increased by 120 basis points to 66.1%.
Canadian Pacific Railway $CP has released its quarterly earnings. Revenue of $2.60B (+4.54% YoY) misses by $18M. EPS of $0.73 (+5.80% YoY) in line with estimates.
$AMP Earnings: - Third quarter adjusted operating earnings per diluted share increased 17 percent to $9.02 excluding unlocking and severance expense associated with the company’s initiatives to enhance operational efficiency and effectiveness. - Third quarter GAAP net income per… https://t.co/zdfYDedzKC
$CP Earnings: - Revenues increased by six percent to $3.5 billion from $3.3 billion in Q3 2023 - Reported operating ratio (OR) increased by 120 basis points to 66.1 percent from 64.9 percent in Q3 2023 - Core adjusted combined OR1 increased by 120 basis points to 62.9 percent… https://t.co/4GGlfEKX3s
