Canadian National Railway posted a strong fourth quarter as earnings rose 8.2% year-over-year and beat analyst estimates during the period.
The railroad company reported $1.02 billion in profits for the three-month period to close 2016, or $1.32 per share, measured in Canadian dollars. The results were up from $941 million, or $1.18, one year ago. Canadian National generated $3.64 billion in profits for the full year, up from $3.54 billion in 2015.
