SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Goose94 who wrote (141533)1/25/2023 9:31:46 AM
From: Goose94Read Replies (1) of 202373
 
Canadian National Railway (CNR-T) the Wet Noodle Goin' Take It In the Caboose

CN Rail Warns Weaker Economy Will Weigh On Growth

One of corporate Canada's economic bellwethers is warning that softer economic conditions will weigh on growth in the year ahead. CN Rail is expecting earnings per share growth to come in at a low-single digit range in fiscal 2023 due to those macroeconomic conditions, though it's worth noting the company did report results that topped analyst estimates in the fourth quarter. To get into those Q4 results briefly – revenues were up 21 per cent as the company got a boost from higher freight rates. Not for nothing, CN also boosted its quarterly dividend eight per cent to $0.79 per share and plans to buy back as much as $4-billion worth of its own shares.

BNN.ca
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext