$CNR (-0,61 %) announces for Q3 that the full-year guidance for mid to high single-digit growth in adjusted diluted earnings per share is maintained. Q3 revenue increased by 1% while net income increased by 5%, driven by a 1.7% lower expense ratio.
Free cash flow for the first nine months of 2025 amounted to CAD 2,341 million, an increase of CAD 281 million or 14% compared to the same period in 2024.
the same period in 2024.
The company repurchased almost 8 million shares for around CAD 1 billion in the third quarter.
In view of the ongoing tariff dispute with the USA, I personally consider the figures to be very satisfactory.