CN’s (NYSE: CNI) net profit for the first quarter of 2021 fell 3.7% to CA$974 million, or $1.37 per diluted share, compared with CA$1.01 billion, or $1.42 per diluted share, in the first quarter of 2020. One Canadian dollar equals 81 cents in U.S. dollars.
First-quarter revenue was “in line” with a year ago, at CA$3.54 billion on record intermodal traffic and shipments of Canadian grain, offset by pandemic-induced lower volumes for other commodity groups. A stronger Canadian dollar, lower fuel...
https://s29755.pcdn.co/news/cns-first-quarter-net-income-slips-nearly-4