StocksMedium•29 October 2026•
1 min read
Canadian Pacific Kansas City Reports Record $4.2 Billion Q3 Revenue
Key Facts
1The company reported Q3 revenues of $4.2 billion, with a 15% increase in freight revenues.
2Core adjusted diluted earnings per share rose 16% year-over-year to $1.28.
3The company achieved record intermodal and grain revenues, growing 21% and 27% respectively.
Canadian Pacific Kansas City reported Q3 2026 revenues of $4.2 billion, supported by a 15% increase in freight revenues. Yahoo Finance reported that core adjusted diluted earnings per share rose 16% year-over-year to $1.28. The company achieved record results in its grain and intermodal segments, which grew by 27% and 21% respectively.
CP shares closed at $89.43 on October 28, 2026, a day that coincided with the Bank of Canada's decision to set interest rates at 2.5%. The double-digit growth in core earnings was driven by significant volume increases across major shipping sectors.
Canada is scheduled to release its monthly Gross Domestic Product data on October 30, 2026, which may provide further context for domestic freight demand.