earnings
confidence high
sentiment negative
materiality 0.65
CPKC Q1 2026: EPS $0.94, core $1.04; revenue $3.7B (-2% YoY); volumes up 2%
CANADIAN PACIFIC KANSAS CITY LTD/CN
2026-Q1 EPS reported
$0.94
revenue$3,701,000,000
- Diluted EPS $0.94 (-3% YoY); core adjusted diluted EPS $1.04 (-2% YoY); revenue $3.7B (-2% YoY).
- Operating ratio 66.0% (up 70 bps); core adjusted OR 63.0% (up 50 bps); volumes (RTMs) up 2%.
- FRA personal injury frequency improved to 0.91 from 0.97; train accident frequency rose to 0.93 from 0.38.
- Management reaffirms full-year guidance; cites resilient network and volume growth despite macro headwinds.
- EPS faced ~$0.04 FX headwind and ~$0.03 fuel-price headwind year-over-year.