Canadian National Railway Company (CNI) Q3 2023 Earnings Call Transcript

Canadian National Railway Company (NYSE:CNI) Q3 2023 Earnings Conference Call October 24, 2023 4:30 PM ET

Company Participants

Stacy Alderson – Assistant VP, IR

Tracy Robinson – President and CEO

Ed Harris – COO

Doug MacDonald – CMO

Ghislain Houle – CFO

Conference Call Participants

James McGarragle – RBC Capital Markets

Brandon Oglenski – Barclays

Cherilyn Radbourne – TD Cowen

Ravi Shanker – Morgan Stanley

Scott Group – Wolfe Research

David Vernon – Bernstein

Konark Gupta – Scotiabank

Fadi Chamoun – BMO

Ken Hoexter – Bank of America

Benoit Poirier – Desjardins

Chris Wetherbee – Citigroup

Steve Hansen – Raymond James

Justin Long – Stephens

Kevin Chiang – CIBC


Good afternoon. My name is Julianne, and I will be your operator today. Welcome to CN’s Third Quarter 2023 Financial and Operating Results Conference Call. All participants are now in a listen-only mode. After the speakers’ remarks, there will be a question-and-answer session, during which we ask that you kindly limit yourself to one question.

I would now like to turn the call over to Stacy Alderson, Assistant Vice President, Investor Relations. Ladies and gentlemen, Ms. Alderson.

Stacy Alderson

Thank you, operator. [Foreign Language] Good afternoon, everyone, and thank you for joining us for CN’s third quarter 2023 financial results conference call. Before we begin, I’d like to draw your attention to the forward-looking statements and additional legal information available at the beginning of the presentation.

As a reminder, today’s conference call contains certain projections and other forward-looking statements within the meaning of the U.S. and Canadian securities laws. These statements are subject to risks and uncertainties that may cause actual results to differ materially from those expressed or implied in these statements. They are more fully described in our cautionary statement regarding forward-looking statements in our presentation.

After the

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