CPKC reports Q2 revenue $3.2B; core adjusted EPS falls to $0.83 from $0.95

CANADIAN PACIFIC KANSAS CITY LTD/CN

2023-Q2 EPS reported $2.28 revenue$5,440,000,000

Revenue $3.2B; reported diluted EPS $1.42 (vs $0.82) boosted by KCS consolidation.
Core adjusted combined diluted EPS fell to $0.83 from $0.95; operating ratio worsened to 70.3% from 60.6%.
KCS results consolidated from April 14, 2023, affecting year-over-year comparability.
Expects mid-single-digit core adjusted combined diluted EPS growth in 2023 vs prior year $3.77.
FRA-reportable train accident frequency improved 32% to 0.76.

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