earnings
confidence high
sentiment neutral
materiality 0.75
CPKC Q1 revenues $3.5B; core adjusted diluted EPS up 3% to $0.93
CANADIAN PACIFIC KANSAS CITY LTD/CN
2024-Q1 EPS reported
$0.83
revenue$3,520,000,000
- Revenue $3.5B; reported diluted EPS $0.83 vs $0.86 YoY; core adjusted combined diluted EPS $0.93 vs $0.90 (+3%).
- Reported operating ratio 67.4% (up 400 bps); core adjusted combined OR 64.0% (up 50 bps).
- Combined volumes (RTMs) up 1%; FRA train accident frequency 0.89 vs 0.71; injury frequency 1.15 vs 1.12.
- CEO Keith Creel cites improving demand and reaffirms 2024 guidance; marks one year since KCS combination.