CN Rail rides higher grain volumes, oil prices to record Q1 revenue

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CN Rail rides higher grain volumes, oil prices to record Q1 revenue
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Canadian National Railway Co. is reporting revenues of $4.31 billion for the quarter ended March 31. Read more.

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CN is reporting revenues of $4.31 billion for the quarter ended March 31, a 16 per cent boost from $3.71 billion a year earlier.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

On an adjusted basis, diluted earnings increased 38 per cent to $1.82 from $1.32 a year ago, beating analyst expectations of $1.72 per share, according to financial data firm Refinitiv.

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