CN Reports 18% Jump in Adjusted Diluted EPS for Q3 2026
Key Facts
CN reported its financial and operating results for the third quarter ended September 30, 2026, delivering diluted EPS of C$2.00, an increase of 9%. The company stated in a GlobeNewswire release that adjusted diluted EPS reached C$2.16, representing an 18% increase compared to the same period last year.
The company's commercial performance was supported by a 4% increase in gross ton miles (GTMs) to 116,264 million. Furthermore, CN's Board of Directors approved a fourth-quarter dividend of C$0.9150 per common share, payable on December 30, 2026, to shareholders of record as of December 9, 2026.
This performance follows Canadian economic data showing a 5.4% year-over-year increase in retail sales on October 23, 2026, and the Bank of Canada's decision to raise interest rates to 2.5% on October 28, 2026. Looking ahead, the Canadian Balance of Trade data is scheduled for release on November 4, 2026.
Latest Updates · 1
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Update: CN attributed its third-quarter profit growth primarily to strong pricing gains achieved across its freight segments. These pricing improvements helped bolster margins alongside the volume increases reported for the period.