earnings
confidence high
sentiment negative
materiality 0.75
CPKC Q3 revenue $3.3B, diluted EPS $0.84; core adjusted EPS $0.92, guidance cut to flat YoY
CANADIAN PACIFIC KANSAS CITY LTD/CN
2023-Q3 EPS reported
$3.11
revenue$8,779,000,000
- Revenue of $3.3B; diluted EPS $0.84 vs $0.96 in Q3 2022; core adjusted combined diluted EPS $0.92 vs $1.01.
- Reported operating ratio 64.9% (+540 bps); core adjusted combined OR 61.7% (+190 bps).
- Now expects core adjusted combined diluted EPS flat to slightly positive vs 2022's $3.77, citing softer macro and labor disruptions.
- FRA-reportable train accident frequency fell 9%; personal injury frequency dropped 35% on combined basis.