(RTTNews) - Canadian National Railway Co (CNR.TO) reported earnings for fourth quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings came in at C$1.146 billion, or C$1.82 per share. This compares with C$2.130 billion, or C$3.29 per share, last year.
Excluding items, Canadian National Railway Co reported adjusted earnings of C$1.146 billion or C$1.82 per share for the period.
Analysts on average had expected the company to earn C$1.93 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 2.5% to C$4.358 billion from C$4.471 billion last year.
Canadian National Railway Co earnings at a glance (GAAP) :
-Earnings: C$1.146 Bln. vs. C$2.130 Bln. last year. -EPS: C$1.82 vs. C$3.29 last year. -Revenue: C$4.358 Bln vs. C$4.471 Bln last year.
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