other material
confidence high
sentiment positive
materiality 0.75
CPKC issues multi-year growth targets and 2023 EPS guidance at Investor Day
CANADIAN PACIFIC KANSAS CITY LTD/CN
- Revenue CAGR target of high-single digits for 2024-2028.
- Core adjusted diluted EPS CAGR target of double-digits for 2024-2028.
- 2023 core adjusted diluted EPS expected to grow mid-single digits vs 2022 $3.77.
- Annual capex target of ~$2.6B-$2.8B per year for 2024-2028.
- Free cash conversion ~90% of Core adjusted income; targeting double-digit Adj. ROIC.