MONTREAL (AP) — MONTREAL (AP) — Canadian National Railway Co. (CNI) on Monday reported first-quarter earnings of $902.3 million.
The Montreal-based company said it had profit of $1.35 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.26 per share.
The railroad posted revenue of $3.19 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $3.15 billion.
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