CN: Q3 Earnings Snapshot

MONTREAL QUEBEC, Quebec (AP) — MONTREAL QUEBEC, Quebec (AP) — Canadian National Railway Co. (CNI) on Friday reported third-quarter net income of $864 million.

On a per-share basis, the Montreal Quebec, Quebec-based company said it had profit of $1.43. Earnings, adjusted for non-recurring costs, were $1.54 per share.

The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.

The railroad posted revenue of $3.41 billion in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $3.27 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNI at https://www.zacks.com/ap/CNI