Canadian National Railway (CNI.N): CNI 2Q21 Qst Look: EPS/OR beat on Forest Prod./Autos yield/vols. & cost control; Lifts ‘26 EPS targ. to +M/HSD on +LSD RTM-20260724
Flash | CNI 2Q 1st Look: EPS/OR beat on Forest Prod./Autos yield/vols. & cost control; Lifts '26 EPS targ. to +M/HSD on +LSD RTM CITI'S TAKE CNI reported 2Q adj. EPS of C$2.08, up +11% y-y, ahead of Citi/Street C$1.96 ests. It raised its y-y adj. EPS guide for 2026 to +M/HSD% y-y (vs. Citi/Street +3.5%/+3.8% ests.) on +LSD% RTMs (vs. Citi/Street +3.0%/+2.5%) from slightly higher than flattish RTMs. CN's shift in stance with regard to the proposed UP-NS merger, as it agreed not to oppose it two days ago, wil ...