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Canadian National Railway's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Canadian National Railway (CNI)

Q1 2012 Earnings Call

April 23, 2012 4:30 pm ET

Executives

Robert Noorigian - Vice President of Investor Relations

Claude Mongeau - Chief Executive Officer, President, Director, Chairman of Donations & Sponsorships Committee and Member of Strategic Planning Committee

Keith E. Creel - Chief Operating Officer and Executive Vice President

Jean-Jacques Ruest - Chief Marketing Officer and Executive Vice President

Luc Jobin - Chief Financial Officer and Executive Vice-President

Analysts

William J. Greene - Morgan Stanley, Research Division

Cherilyn Radbourne - TD Securities Equity Research

Ken Hoexter - BofA Merrill Lynch, Research Division

Benoit Poirier - Desjardins Securities Inc., Research Division

Scott H. Group - Wolfe Trahan & Co.

Walter Spracklin - RBC Capital Markets, LLC, Research Division

Thomas R. Wadewitz - JP Morgan Chase & Co, Research Division

Fadi Chamoun - BMO Capital Markets Canada

Christian Wetherbee - Citigroup Inc, Research Division

David Tyerman - Canaccord Genuity, Research Division

Jason H. Seidl - Dahlman Rose & Company, LLC, Research Division

Matthew Troy - Susquehanna Financial Group, LLLP, Research Division

Christopher J. Ceraso - Crédit Suisse AG, Research Division

H. Peter Nesvold - Jefferies & Company, Inc., Research Division

Brandon R. Oglenski - Barclays Capital, Research Division

Konark Gupta - Cormark Securities Inc., Research Division

Jeffrey A. Kauffman - Sterne Agee & Leach Inc., Research Division

Keith Schoonmaker - Morningstar Inc., Research Division

Presentation

Operator

I would now like to remind you that today's remarks contain forward-looking statements within the meaning of applicable securities laws. Such statements are based on assumptions that may not materialize and are subject to risks described in CN's first quarter 2012 financial results press release and analysts presentation documents that could be found on CN's website. As such, actual results could differ materially. Reconciliations for any non-GAAP measures are also posted on CN's website at www.cn.ca.

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