Canadian National Railway reported robust Q2 2026 results, with revenue increasing 11% and earnings per share rising 10%. The company raised its full-year guidance, reflecting improved capital allocation through reduced capital expenditures and a temporary rise in leverage. Despite ongoing uncertainties like a potential freight recession, trade conflicts, and the UNP-NSC merger, these factors have lessened their impact on the company's valuation and outlook. The stock trades at a forward P/E just above 20, with potential upside of 5-10%, contingent on continued industrial growth.
Canadian National Railway reported strong second-quarter 2026 results driven by operational efficiency and increased energy and grain shipments. However, much of the recent growth is linked to temporary factors like record grain harvests and fuel sur...
Canadian National Railway Company reported strong Q2 results with an 11% increase in both revenue and earnings per share (EPS), driven by disciplined pricing and higher volumes. Operational efficiency improved despite minor setbacks, and management r...
Canadian National Railway reported a 10% increase in diluted earnings per share for Q2 2026, driven by strong volume growth, especially in grain and energy products. Revenue ton miles rose 5% year-over-year, with record fuel efficiency and solid oper...
