On a per-share basis, the Montreal-based company said it had profit of $1.03.
Earnings, adjusted for non-recurring costs, came to $1.04 per share.
The results did not meet Wall Street expectations.
The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.
The railroad posted revenue of $2.93 billion in the period, topping Wall Street forecasts.
Six analysts surveyed by Zacks expected $2.9 billion.