Quarter after quarter, Canadian National sets the standard for Class I railroad operating ratios.
Canadian National displayed its operating chops once again, delivering a record 53.3% operating ratio, a 50-basis point improvement over the prior year period despite a 4% decline in carloads and 3% drop in revenue ton miles. Adjusted EPS declined a mere 1%, and free cash flow year to date is actually modestly higher than last year. Management updated EPS guidance to be 1% higher than last year's adjusted CAD 4.44; this is a slight increase from its late July guidance calling for flattish adjust...Canadian National Railway, together with its wholly-owned subsidiaries, is engaged in the rail and related transportation business. Co.'s network of approximately 20,000 route miles of track spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico. Co.'s network and connections to all Class I railroads provide access to all three North American Free Trade Agreement nations. Co. handles and carries cargo, serving exporters, importers, retailers, farmers and manufacturers. Co. is engaged in the movement of a portfolio of goods, including petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal and automotive.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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