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Canadian National Railway reports profit rise but lowers 2025 forecast due to trade uncertainties.
Canadian National Railway Co. reported a slight increase in second-quarter profit but lowered its 2025 earnings forecast due to trade uncertainties and tariff issues.
Revenue fell about 1% to $4.27 billion, and the company withdrew its 2024-26 financial outlook.
The adjusted diluted earnings per share growth is now expected in the mid to high single-digit range instead of the previous 10-15%.
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Canadian National Railway informa de un aumento de las ganancias, pero reduce el pronóstico para 2025 debido a las incertidumbres comerciales.