CN: Q1 Earnings Snapshot
The Montreal Quebec, Quebec-based company said it had profit of $1.29 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.26 per share.
The railroad posted revenue of $3.07 billion in the period, falling short of Street forecasts. Nine analysts surveyed by Zacks expected $3.11 billion.
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