CN revises earnings guidance lower after work stoppage, says operations recovered

📆 10/09/2024 05:38 p. m.
📰 YahooFinanceCA

⏱ Reading Time:
15 sec. here
7 min. at publisher
📊 Quality Score:
News: 26%
Publisher: 63%

CN Noticias

Canada Industrial Relations Board,The Canadian Press,Earnings Guidance

MONTREAL — Canadian National Railway Co. revised its earnings guidance for 2024 lower due to several factors including the recent labour stoppage that saw...

MONTREAL — Canadian National Railway Co. revised its earnings guidance for 2024 lower due to several factors including the recent labour stoppage that saw both Canada's major railways grind operations to a halt.Both CN and Canadian Pacific Kansas City Ltd. locked out more than 9,000 workers in August as contract negotiations broke down.

CN says it expects to deliver adjusted earnings-per-share growth in the low single-digit range, compared with a July projection of mid to high single-digit growth. Plastic Films Market to Reach USD 234.63 Billion by 2033; Increasing Demand for Bi-Axially Oriented Polypropylene Films

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Business leaders urge feds to step in to halt railway job actionPhased rail shutdown of Canadian National Railway, Canadian Pacific Kansas City already underway
Fuente: TerraceStandard - 🏆 24. / 68 Leer más »