Canadian National Railway Q4 EPS C$2.08 Beat, Guides Flat Volume

CACA

Canadian National Railway resumed revenue growth in Q4 2025 with adjusted EPS of C$2.08 surpassing consensus, though narrow gains and unfavorable mix persist. FY2026 guidance forecasts flat Revenue Ton-Miles, negative freight mix and new cost headwinds that are likely to constrain near-term earnings and limit re-rating potential.

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