CN Rail shares slump after first-quarter revenue misses expectations

3 articles · Updated · Bloomberg · Apr 29

Canadian National Railway shares fell the most since 2021 after reporting C$4.38 billion in Q1 revenue, slightly below analysts’ forecast of C$4.4 billion.
Adjusted earnings matched projections, but the revenue shortfall and ongoing North American trade uncertainty weighed on investor sentiment, triggering the sharp stock decline.
Earlier, CN Rail reported Q1 net income of C$1.15 billion and a worsened operating ratio, despite improved freight volumes, highlighting persistent cost and market challenges.

With profits down and volumes up, can CN's new capital plan compete with its record-performing rivals?

CN's efficiency metrics worsened in April. Are customers now facing a future of slower service and higher costs?

How will the upcoming USMCA review and new US tariffs reshape CN's vital cross-border freight business?

CN's cash flow surged 44%. Is the market overlooking this strength by focusing on a single weak quarter?

One metric says CN stock is overvalued, another says it's a bargain. Which story should investors believe now?

CN boasts new AI technology. Why did it fail to prevent a major hit from winter weather and incidents?