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CN Q2 adjusted net profit increases over 16%

CN Q2 adjusted net profit increases over 16%

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Canadian railway CN’s adjusted net profit for the second quarter of 2021 grew over 16% year-over-year amid a nearly 14% increase in freight revenues. Adjusted net income for CN (NYSE: CNI) in the second quarter of 2021 was CA$1.06 billion, or CA$1.49 per adjusted diluted share, which is 16.5% higher than CA$908 million, or CA$1.28 per adjusted diluted share, in the second quarter of 2020.

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