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CN Railway posts 10% EPS growth in Q2 and raises 2026 guidance on strong volume and cash flow

Company Fundamentals
24 Jul 2026
GlobeNewsWire
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Bullish
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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 operational performance. The company raised its 2026 financial guidance, now expecting low single-digit volume growth and mid-to-high single-digit adjusted EPS growth. CN also generated a 19% increase in free cash flow for the first half of 2026 and repurchased nearly 3 million shares, signaling confidence in its financial health and future prospects.

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