April 27 (Reuters) - Canadian National Railway Co CNR.TO :
* CN DELIVERS SOLID FIRST QUARTER RESULTS DESPITE NETWORK DISRUPTIONS
* Q1 ADJUSTED EARNINGS PER SHARE C$1.22
* Q1 EARNINGS PER SHARE C$1.42
* Q1 REVENUE C$3.545 BILLION
* WITHDRAWING ITS 2020 FINANCIAL GUIDANCE AND 3-YEAR TARGETS PROVIDED AT 2019 INVESTOR DAY.
* QTRLY OPERATING RATIO OF 65.7 PER CENT, AN IMPROVEMENT OF 3.8 POINTS
* COMMITTED TO MAINTAINING ITS PREVIOUSLY ANNOUNCED 2020 DIVIDEND INCREASE OF 7%.
* STILL WORKING TO GENERATE A MINIMUM OF APPROXIMATELY C$2.5 BILLION OF FREE CASH FLOW.
* CANADIAN NATIONAL RAILWAY - WILL CONTINUE TO PAUSE SHARE REPURCHASES IN THESE ECONOMIC CIRCUMSTANCES AND WILL REASSESS ON ONGOING BASIS
* IN 2020, CN NOW PLANS TO INVEST APPROXIMATELY C$2.9 BILLION IN ITS CAPITAL PROGRAM
* QTRLY TOTAL CARLOADS 1.3 MILLION VERSUS 1.4 MILLION
* QTRLY RTMS DECLINED BY ONE PER CENT FROM YEAR-EARLIER PERIOD