earnings
confidence high
sentiment positive
materiality 0.70
CPKC Q3 revenues up 6% to $3.5B; core adjusted EPS $0.99, +8% YoY
CANADIAN PACIFIC KANSAS CITY LTD/CN
2024-Q3 EPS reported
$2.69
revenue$10,672,000,000
- Reported diluted EPS $0.90 vs $0.84 in Q3 2023; core adjusted combined diluted EPS $0.99 ($0.92).
- Revenue $3.5B (+6% YoY); operating ratio 66.1% up 120 bps from 64.9%.
- Volume (RTMs) +4%; safety improved: personal injury frequency 0.85 vs 1.02.
- 2024 guidance reaffirmed: core adjusted combined EPS double-digit growth vs $3.84; RTMs mid-single digit increase.
- CEO cites strong execution despite temporary headwinds; confident in finish to 2024 and 2025+ outlook.