MONTREAL (AP) _ Canadian National Railway Co. (CNI) on Tuesday reported third-quarter net income of $1.12 billion.
On a per-share basis, the Montreal-based company said it had net income of $1.63.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share.
The railroad posted revenue of $3.46 billion in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $3.21 billion.
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