earnings
confidence high
sentiment positive
materiality 0.75
CPKC Q4 revenue $3.8B, core adjusted EPS $1.18; guides FY2024 double-digit EPS growth
CANADIAN PACIFIC KANSAS CITY LTD/CN
2023-FY EPS reported
$4.21
revenue$12,555,000,000
- Q4 2023 revenue $3.8B; core adjusted combined diluted EPS $1.18, up from $1.14 in Q4 2022.
- Reported OR 61.8% (up 200 bps), but core adjusted combined OR improved 220 bps to 58.7%.
- FY2024 guidance: core adjusted combined diluted EPS to grow double digits vs 2023's $3.84.
- 2024 capex guidance set at $2.75 billion.
- FRA train accident frequency fell 23% in Q4 and 32% for full year on a combined basis.