NEW YORK (TheStreet) -- Canadian National Railway (CNI) - Get Canadian National Railway Company Report shares are up 1.73% to $69.69 in after-hours trading on Tuesday after the Canadian railroad company reported its fourth quarter earnings results after the closing bell today.
The company reported fourth quarter earnings of C$844 million, or C$1.03 per diluted share, on revenue of C$3.2 billion. Analysts on average were expecting the company to report fourth quarter earnings of C97 cents per diluted share on revenue of C$2.7 billion.
The company also declared a quarterly dividend of C$31.25 cents per share, a 25% increase over its previous dividend.
Exclusive Report:Jim Cramer's Best Stocks for 2015
TheStreet Ratings team rates CANADIAN NATIONAL RAILWAY CO as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:
"We rate CANADIAN NATIONAL RAILWAY CO (CNI) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results."
Highlights from the analysis by TheStreet Ratings Team goes as follows:
- You can view the full analysis from the report here: CNI Ratings Report