trending Market Intelligence /marketintelligence/en/news-insights/trending/6vlWIwbhmVDF5jytPYJe5w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Canadian National Railway lowers EPS growth outlook for FY'19

Mining Exploration Insights - October 2020

Linking Climate Transition Risks and Credit Risks

US Operators Bolster Downward Trajectory for US Cable Capex Forecast

CUSIP Requests Surge in September Led by Higher Corporate and Municipal Totals


Canadian National Railway lowers EPS growth outlook for FY'19

Canadian National Railway Co. lowered its guidance for full-year 2019 adjusted EPS growth, citing a decline in rail demand in North America amid a weakening economy.

The railroad operator now expects its adjusted EPS to achieve growth in the high single-digit range in 2019, compared with a previous forecast of low double-digit growth. The company's adjusted EPS in 2018 was C$5.50.

The revised outlook assumes slightly negative volume growth this year in revenue ton miles, a measure of the relative weight and distance of freight transported, the company said.

Canadian National Railway said its third-quarter adjusted net income totaled C$1.20 billion, a gain of 8.4% from C$1.10 billion in the year-earlier period. Adjusted EPS climbed 10.7% year over year to C$1.66, beating the S&P Global Market Intelligence consensus normalized EPS estimate of C$1.62.

The company's GAAP net income rose 5.4% on an annual basis to C$1.20 billion, or C$1.66 per share, from C$1.13 billion, or C$1.54 per share.

Revenue grew year over year to C$3.83 billion from C$3.69 billion.

For the first nine months of 2019, the company's adjusted net income totaled C$3.29 billion, or C$4.56 per share, up from C$2.96 billion, or C$4.01 per share, in the same period a year ago.