Canadian Pacific Kansas City reported third-quarter earnings of $0.91 per share, missing the Zacks Consensus Estimate of $0.94. Despite the miss, the company achieved total revenues of $4.2 billion, driven by a 15% increase in freight revenues and record growth in intermodal and grain segments. Core adjusted diluted earnings per share rose 16% year-over-year to $1.28. The results highlight strong operational performance in key sectors despite falling short of analyst expectations.
The railway operator saw a 15% rise in freight revenue driven by record grain and intermodal performance during the third quarter of 2026.
Read the full storyGrowth in freight, grain and intermodal lifted revenue, but net income edged lower and operating ratios rose as fuel costs increased.