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MONTREAL — Canadian National Railways says its net profit slipped one per cent to $958 million in the third quarter, even as revenues rose seven per cent to $3.2 billion.
The Montreal-based railway (TSX:CNR) also says its adjusted profit reached $989 million or $1.31 per share during the three months ended Sept. 30.
That compares to $1.25 per share of adjusted profit a year ago and $1.32 forecast by analysts.
More to come.
The Canadian Press
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