earnings
confidence high
sentiment positive
materiality 0.75
CP reports Q4 revenues up 21% to $2.46B, core adj EPS $1.14; awaiting STB decision on KCS combination
CANADIAN PACIFIC KANSAS CITY LTD/CN
2022-FY EPS reported
$3.77
revenue$8,814,000,000
- Q4 revenues $2.46B (+21% YoY); reported diluted EPS $1.36 vs $0.74; core adj EPS $1.14 vs $0.96.
- Adjusted OR 59.1% (+160 bps); reported OR 59.8% (+60 bps); FRA train accident frequency declined 15% to 0.93.
- Full-year revenues $8.81B (+10%); reported diluted EPS $3.77 (down from $4.18); core adj EPS flat at $3.77.
- Generated $2.7B free cash in 2022, up 52% YoY; lowest train accident frequency among Class 1 for 17th year.
- Awaiting STB decision on proposed combination with Kansas City Southern, expected later Q1 2023.