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Canadian National Railway affirms 2019 outlook, issues forecast for next 3 years

Canadian National Railway Co. maintained its outlook for 2019, projecting adjusted EPS growth in the low-double-digit percentage range.

The railway operator also issued its outlook for the three years to 2022, forecasting a compound annual EPS growth rate also in the low double digits.

In 2018, the company's adjusted net income grew to C$4.06 billion, or C$5.50 per share, from C$3.78 billion, or C$4.99 per share, in 2017.