Canadian Pacific Kansas City Ltd reports results for the quarter ended December 31 - Earnings Summary

• Canadian Pacific Kansas City Ltd CP.TO reported quarterly adjusted earnings of C$1.29​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of C$1.18. The mean expectation of twenty seven analysts for the quarter was for earnings of C$1.24 per share. Wall Street expected results to range from C$1.13 to C$1.29 per share.

• Revenue rose 2.6% to C$3.87 billion from a year ago; analysts expected C$3.89 billion.

• Canadian Pacific Kansas City Ltd's reported EPS for the quarter was C$1.28​.

• The company reported quarterly net income of C$1.2 billion.

• Canadian Pacific Kansas City Ltd shares had risen by 9.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.1% in the last three months.​

• In the last 30 days, fifteen analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 24 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the ground freight & logistics peer group is also "buy"

Wall Street's median 12-month price target for Canadian Pacific Kansas City Ltd is C$129.00

This summary was machine generated from LSEG data January 29 at 11:38 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)