Canadian National (CNI) Surpasses Q3 Earnings and Revenue Estimates

Core Insights - Canadian National (CNI) reported quarterly earnings of $1.33 per share, exceeding the Zacks Consensus Estimate of $1.28 per share, and showing an increase from $1.26 per share a year ago, resulting in an earnings surprise of +3.91% [1] - The company generated revenues of $3.02 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.98%, and showing a slight increase from $3.01 billion year-over-year [2] - The stock has underperformed the market, losing about 8.1% since the beginning of the year compared to the S&P 500's gain of 16% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.45 on revenues of $3.23 billion, and for the current fiscal year, it is $5.40 on revenues of $12.43 billion [7] - The estimate revisions trend for CNI was unfavorable prior to the earnings release, resulting in a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Transportation - Rail industry, to which CNI belongs, is currently in the bottom 10% of over 250 Zacks industries, suggesting a challenging environment for stocks in this sector [8]