Canadian National Railway Co
CNR: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 361.00 | Gvsxj | Ywcmyqgp |
Canadian National Earnings: Intermodal Stabilizing and 2024 Guidance Generally Positive
Wide-moat Canadian National's fourth-quarter revenue fell 2% year over year on lower—albeit stabilizing—intermodal volumes, easing accessorial income, and lower fuel surcharges. Core carload pricing remains positive. Revenue was slightly better than we expected.