Canadian National Railway Q4 Earnings Call Highlights
CFO Ghislain Houle said reported diluted EPS grew 12% year-over-year in Q4, while adjusted EPS rose 14%. He attributed the adjusted results to two notable items: a CAD 34 million pre-tax charge related to a workforce reduction program discussed on the prior quarter’s call and CAD 15 million in advisory fees tied to industry consolidation matters.Robinson also emphasized efficiency gains, with the fourth-quarter operating ratio at 60.1%—the company’s best quarterly operating ratio of the year and an improvem ...