MONTREAL QUEBEC, Quebec (AP) — MONTREAL QUEBEC, Quebec (AP) — Canadian National Railway Co. (CNI) on Tuesday reported third-quarter net income of $795.4 million.
The Montreal Quebec, Quebec-based company said it had net income of $1.26 per share.
The results missed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.
The railroad posted revenue of $3.01 billion in the period, also falling short of Street forecasts. Nine analysts surveyed by Zacks expected $3.06 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNI at https://www.zacks.com/ap/CNI