CNI's bottom line is challenged by elevated operating expenses and weak liquidity, hurting the company's prospects.
With President Trump's new round of tariffs targeting Canada, Mexico, and China, investors are closely watching how businesses in the affected regions will adapt. Initially set to take effect on February 4, the proposed 25% tariffs on Canadian and Mexican goods have been paused for 30 days following negotiations.
CNI's fourth-quarter 2024 earnings and revenues decrease year over year.
Canadian National Railway Company has faced a challenging year with revenue and earnings declines due to port disruptions and severe weather, yet remains a strong long-term investment. The company boasts a 29-year streak of dividend growth and significant shareholder returns through buybacks, despite recent setbacks. Potential tariff impacts on cross-border trade pose a risk, but Canadian National's diverse cargo and long-term contracts provide a cushion.
Canadian National Railway Company (NYSE:CNI ) Q4 2024 Earnings Conference Call January 30, 2025 4:30 PM ET Company Participants Stacy Alderson - Assistant Vice President, Investor Relations Tracy Robinson - President and Chief Executive Officer Derek Taylor - Executive Vice President and Chief Field Operations Officer Patrick Whitehead - Executive Vice President and Chief Network Operating Officer Remi Lalonde - Executive Vice President and Chief Commercial Officer Ghislain Houle - Executive Vice President and Chief Financial Officer Conference Call Participants Cherilyn Radbourne - TD Cowen Christian Wetherbee - Wells Fargo Fadi Chamoun - BMO Capital Markets Scott Group - Wolfe Research Walter Spracklin - RBC Capital Markets Ken Hoexter - Bank of America Steven Hansen - Raymond James David Vernon - Bernstein Thomas Wadewitz - UBS Konark Gupta - Scotiabank Brandon Oglenski - Barclays Ravi Shanker - Morgan Stanley Benoit Poirier - Desjardins Jonathan Chappell - Evercore ISI Daniel Imbro - Stephens Inc. Operator Good afternoon. My name is Krista and I will be your conference operator today.
While the top- and bottom-line numbers for CN (CNI) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Canadian National (CNI) came out with quarterly earnings of $1.30 per share, missing the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.48 per share a year ago.
Supply-chain disruptions and network challenges amid the freight market downturn are expected to hurt the company's results in the to-be-reported quarter.
CN (CNI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
There is a difference between the stock market and a market of stocks. The S&P 500 is currently near all-time highs, yet numerous high-quality stocks within the index trade at bargain valuations.
Stifel analyst Benjamin J. Nolan upgraded Canadian National Railway Company CNI to Buy from Hold while reducing the price target to $120 from $132.
The year 2025 is just getting started, and investors have as much pressure as ever to get their portfolios set in the right direction, as a few winners in the first half of the year can not only give investors confidence but also plenty of liquidity and room to then pursue the more aggressive deals in the market during the second half of the year. This is why having a mix of steady income through dividend stocks that are also cheap enough to offer upside becomes critical.