Ignore the Headlines: Canadian National Railway Is Steaming Ahead
Expectations from Canadian National Railway (NYSE: CNI) ran high after rival Canadian Pacific Railway (NYSE: CP) delivered strong quarterly numbers some days ago. But when Canadian National reported its third-quarter earnings on Oct. 24, headlines screamed about how the railroads giant had missed Wall Street estimates.
However, there's more to Canadian National's numbers than meets the eye. CN, as the company's commonly known, reported strong growth in revenue and reiterated its full-year outlook; it even revealed bigger growth plans, suggesting that the stock isn't running out of steam just yet.
Here's all you need to know about CN's numbers, outlook, and plans.
Source: Fool.com
Canadian Pacific City Kansas Ltd. Stock
€74.50
1.360%
Canadian Pacific City Kansas Ltd. is currently one of the favorites of our community with 16 Buy predictions and no Sell predictions.
With a target price of 89 € there is a slightly positive potential of 19.46% for Canadian Pacific City Kansas Ltd. compared to the current price of 74.5 €.
