Canadian National Railway (TSX) reported Tuesday that the first quarter revenue exceeded expectations and that it had missed analyst forecasts.

Canadian National Railway reported earnings per share at C$1.32 for revenue C$3.71B. Investing.com polled analysts to predict EPS at C$1.4 on revenues of C$3.67B.

Canadian National Railway shares have fallen 3.42% since the start of the year. However, they are still 10.74% below their 52-week high of C$137.19 on March 30, which was C$137.19. They outperform the Nasdaq by 20.16%, down from its start.

After-hours trading saw Canadian National Railway share prices fall by 2.74% following the news.

Canadian National Railway is following other significant Industrials sector earnings in this month

Canadian National Railway reported Tuesday’s earnings beat by United Parcel Service, reporting EPS at C$3.05 per cent on C$24.56B revenue, as opposed to C$2.89 forecasts for C$23.82B revenue.

Raytheon Technologies beat all expectations Tuesday, posting a first quarter EPS (EPS) of C$1.15 on C$15.72B in revenue. This compares to the forecast of EPS (1.01 on C$15.88B revenue).

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar