CN: Q2 Earnings Snapshot
The Montreal Quebec, Quebec-based company said it had net income of $1.35 per share.
The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.
The railroad posted revenue of $3.09 billion in the period, which also did not meet Street forecasts. Eight analysts surveyed by Zacks expected $3.16 billion.
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