Canadian National Railway CNI is set to give its latest quarterly earnings report on Tuesday, 2023-01-24. Here's what investors need to know before the announcement.
Analysts estimate that Canadian National Railway will report an earnings per share (EPS) of $1.55.
Canadian National Railway bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here's a look at Canadian National Railway's past performance and the resulting price change:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | ||||
| EPS Actual | 1.63 | 1.51 | 1.04 | 1.36 |
| Price Change % | 3.35% | 4.85% | -1.04% | -3.0% |
Stock Performance
Shares of Canadian National Railway were trading at $123.31 as of January 20. Over the last 52-week period, shares are up 0.72%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
