CN yesterday announced that fourth-quarter 2019 financial results were affected by an eight-day labor strike and "weak" freight demand, posting decreases in revenue, earnings per share and operating income.
Revenue during the quarter compared with the previous year's quarterly results declined 6 percent to CA$3.6 billion; diluted earnings per share (EPS) fell 22 percent to CA$1.22, adjusted diluted EPS dropped 16 percent to CA$1.25; and operating income and adjusted operating income each tumbled 16 percent to CA1.2 billion and CA$1.25 billion, respectively.
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