OTTAWA (dpa-AFX) - Canadian National Railway Co. (CNI, CNR.TO), a transportation and logistics company, on Friday reported higher net income in the second quarter of 2026 compared with the previous year.
For the second quarter, net income increased to C$1.25 billion from C$1.17 billion in the previous year.
Earnings per share were C$2.06 versus C$1.87 last year.
Adjusted net income increased to C$1.26 billion from C$1.17 billion in the previous year.
Adjusted earnings per share were C$2.08 versus C$1.87 last year.
Operating income jumped to C$1.78 billion from C$1.64 billion in the prior year.
Adjusted operating income jumped to C$1.80 billion from C$1.64 billion in the same period a year ago.
Revenue increased to C$4.75 billion from C$4.27 billion in the previous year.
Looking ahead, the company raised its expectations for adjusted earnings per share growth in the mid-to-high single-digit percentage range for fiscal 2026, compared with its January 30 outlook of slightly exceeding RTM growth.
In the pre-market trading, Canadian National Railway is 1.05% higher at $131.90 on the New York Stock Exchange.
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