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BRIEF-CN reports Q3 earnings of C$1.26 per share

Published 2015-10-27, 04:38 p/m
© Reuters.  BRIEF-CN reports Q3 earnings of C$1.26 per share
CNI
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Oct 27 (Reuters) - Canadian National Railway Co CNR.TO :
* CN reports q3-2015 net income of C$1,007 million, or C$1.26 per diluted share
* Q3 adjusted earnings per share C$1.26
* Q3 revenue rose 3 percent to C$3.222 billion
* Q3 earnings per share C$1.26
* Says reaffirm our outlook for double-digit adjusted EPS growth in 2015
* Says CN's operating ratio for q3-2015 improved by five percentage points to a
record 53.8 per cent
* Says carloadings for the quarter declined by six per cent to 1,393 thousand
* Assuming that North American industrial production for the year will increase
by approximately one per cent
* Qtlry revenue ton-miles, measuring relative weight,distance of rail freight,
declined by 6 percent over year-earlier quarter
* For the 2015/2016 crop year, the company now assumes that the Canadian grain
crop will be below the five-year average
* Expects 2015 customer shipments of energy-related commodities, namely crude
oil and frac sand, to be below 2014 levels

* Source text for Eikon ID:nCNWzycxma

* Further company coverage CNR.TO

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