Quarterly ResultJul 24, 2026, 07:36 AM
CN Q2 EPS C$2.06, Revenue C$4.75B; Raises 2026 Guidance
AI Summary
CN reported strong second-quarter 2026 results with diluted EPS increasing 10% to C$2.06 and revenues rising 11% to C$4,753 million. The company also raised its full-year 2026 financial guidance, now expecting mid-to-high single-digit adjusted diluted EPS growth and low single-digit RTM growth. Operational performance was solid, driven by strong volumes in grain and energy products, and the company generated significant free cash flow.
Key Highlights
- Q2 diluted EPS increased 10% to C$2.06 (adjusted 11% to C$2.08).
- Q2 revenues rose 11% to C$4,753 million.
- Raised 2026 adjusted diluted EPS growth guidance to mid-to-high single-digit.
- Raised 2026 RTM growth guidance to low single-digit.
- Q2 operating income increased 9% to C$1,781 million.
- H1 2026 free cash flow increased 19% to C$1,842 million.
- Repurchased 2.9 million shares for C$454 million in Q2.
- Approved Q3 2026 dividend of C$0.9150 per share.
Price Impact
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