Canadian National Railway (TSE: CNR) increased its profits in the fourth quarter of 2021, shedding assets and cutting spending under pressure from TCI Fund Management. The largest national railway also appointed a new CEO. Revenue & Earnings Revenue came in at C$3.75 billion in the fourth quarter of 2021, an increase of 3% from C$3.66 billion in the prior-year quarter. Revenue ton miles (RTMs) decreased from C$63.21 million to C$56.56 million year-over-year. The Montreal-based railway earned C$1.20 billion (C$1.69 per share) in Q4 2021, up from C$1.02 billion (C$1.43 per share) in Q4 2020. On an adjusted basis, CN earned C$1.21 billion (C$1.
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Canadian National Railway (NYSE:CNI)
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