Canadian National Railway Earnings Preview: Get Ahead of the Analysts
Canadian National Railway (NYSE:CNI) will report earnings after markets close on Monday, July 22nd. Canadian National Railway Company operates a network of track in Canada and the United States. The Company transports forest products, grain and grain products, coal, sulfur, and fertilizers, intermodal, and automotive products. Canadian National operates a fleet of locomotives and railcars.
Here is your Cheat Sheet to Canadian National Railway Earnings:
Earnings Expectations: Analysts expect earnings of $1.62 per share on revenues of $2.70 billion. Currently, the company’s P/E ratio stands at 17.48.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.67 to a profit $1.68. For the current year, the average estimate is a profit of $6.12, which is the same as the estimate ninety days ago.
Here’s how Canadian National Railway has been performing on an annual basis:
|Revenue ($) in millions||8,007||6,485||8,056||9,136||9,926|
|Diluted EPS ($)||3.42||3.69||4.45||5.36||6.14|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||2,497.99||2,497.00||2,516.80||2,403.86|
|Diluted EPS ($)||1.41||1.52||1.41||1.26|
Canadian National Railway has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)