Canadian National Railway Lifts Third-Quarter Revenue 15%
Canadian National Railway grew Q3 revenue 15% to C$4,771 million with adjusted EPS up 18%, upgraded grain-crop assumptions, and raised nine-month free cash flow 25%.
Reported and adjusted numbers tell two stories
Service quality behind the revenue lift
The nine-month scoreboard
Grain assumptions upgraded for the year around it
The trade-risk caveat in a strong print
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About the author
Kwame Mensah
Markets Correspondent
Kwame Mensah writes for BusinessPress.
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