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CN Q1 revenues increased

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Christian Fernsby ▼ | April 30, 2019
CN reported its financial and operating results for the first quarter ended March 31, 2019.
CN
CN   Diluted earnings per share (EPS) increased eight percent
Revenues increased 11 percent to C$3,544 million. Diluted earnings per share (EPS) increased eight percent to C$1.08 and adjusted diluted EPS increased 17 percent to C$1.17.

Operating ratio of 69.5 percent, an increase of 1.7 points. Adjusted operating ratio of 67.2 percent, an improvement of 0.6 points. Operating income increased five percent to C$1,080 million.

CN still aims to deliver 2019 adjusted diluted EPS growth in the low double-digits range this year versus last year's adjusted diluted EPS of C$5.50 and continues to expect high single-digit volume growth in 2019 in terms of revenue ton miles (RTMs).


 

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