Core Insights - The focus on 'Big Picture' investment ideas has intensified in recent weeks, with discussions occurring almost daily [1] Group 1: Investment Strategy - Leo Nelissen is identified as a long-term investor and macro-focused strategist, emphasizing dividend growth and high-quality compounders [2] - The investment approach combines macro analysis with bottom-up stock research to identify businesses with strong cash-flow potential [2] Group 2: Analyst Disclosure - The analyst has disclosed a beneficial long position in several companies, including CNQ, UNP, CP, ODFL, AM, RTX, TDG, and GE [3]

Key Takeaways CP's Q4 EPS of 95 cents and revenues of $2.81B missed the Zacks Consensus Estimate.CP expects 2026 core adjusted earnings per share to grow in the low double digits from the 2025 actuals.Canadian Pacific expects 2026 RTMs to increase in the mid-single digits from the 2025 actuals.Canadian Pacific Kansas City (CP) ) reported unimpressive fourth-quarter 2025 results, wherein both earnings and revenues missed the Zacks Consensus Estimate.Quarterly earnings (excluding 9 cents from non-recurring it ...

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers ...

Core Insights - Canadian Pacific Kansas City (CPKC) achieved a record shipment of 2.395 million metric tonnes (MMT) of Canadian grain and grain products in January 2026, surpassing the previous record set in January 2023 [1] - The company also set a new monthly record with 24,688 carloads in January 2026, exceeding the previous high from January 2023 [1] Company Performance - CPKC's strong performance in grain shipping is attributed to close collaboration with grain customers and efficient operations with supply chain partners, supported by significant investments in grain-handling capacity and high-capacity hopper cars [2] - The volumes of grain shipped exceed the average supply chain capacity targets outlined in CPKC's annual grain service plan, emphasizing the importance of full capacity operations across all supply chain participants [2] Industry Context - In the first 26 weeks of the 2025-2026 crop year, CPKC shipped over 15.1 MMT of grain and grain products, marking the largest totals since the record-setting 2020-2021 crop year [3] - Effective planning and demand forecasting for the crop year and winter are crucial for CPKC to meet customer needs and support the broader economy [3] Company Overview - CPKC is the first and only single-line transnational railway connecting Canada, the United States, and Mexico, with extensive access to major ports across North America [4] - The company operates approximately 20,000 route miles and employs 20,000 railroaders, providing comprehensive rail service and logistics solutions to North American customers [4]

Core Viewpoint - TD Cowen analyst Jason Seidl has lowered the price target for Canadian Pacific Kansas City (CP) to C$112 from C$116 while maintaining a Buy rating on the shares, indicating a more reasonable valuation following the KCS merger [1] Group 1: Price Target and Rating - The price target for Canadian Pacific Kansas City (CP) has been reduced to C$112 from C$116 [1] - The firm continues to hold a Buy rating on the shares [1] Group 2: Merger Impact and Valuation - The KCS merger has allowed Canadian Pacific Kansas City to achieve higher EPS growth compared to its peers [1] - The current valuation of the company is considered more reasonable post-merger [1] Group 3: Market Focus and Estimates - Investor fund-flows are currently concentrated on U.S. rail mergers and acquisitions [1] - Estimate revisions for Canadian Pacific Kansas City remain slightly negative [1]

Group 1: Rogers Communications - The company reported a profit attributable to shareholders of $743 million or $1.37 per diluted share for the quarter ended Dec. 31, an increase from $558 million or $1.02 per diluted share in the same quarter of the previous year [1] - Revenue totaled $6.17 billion, up from $5.48 billion in the same quarter a year earlier, driven by a significant increase in media revenue, which rose to $1.24 billion from $547 million [2] - Wireless revenue for the quarter was $2.97 billion, slightly down from $2.98 billion a year earlier, while cable revenue remained stable at $1.98 billion [2] Group 2: Canadian Pacific Kansas City (CPKC) - CPKC reported a 10% decline in net income to $1.08 billion for the quarter ended Dec. 31, down from $1.20 billion in the same period a year earlier [3][7] - Fourth-quarter revenues rose 1% to $3.92 billion from $3.87 billion, supported by a 3% increase in grain and container revenue [4] - For the full year, CPKC's net income increased by 11% to $4.14 billion, with revenues climbing almost 4% to $15.08 billion [4] Group 3: CGI Inc. - CGI reported a first-quarter profit of $442 million, up from $438.6 million a year earlier, with revenue rising nearly 8% to $4.08 billion from $3.79 billion [9][10] - The profit per diluted share for the quarter was $2.03, an increase from $1.92 per diluted share a year earlier [9] - CGI announced a collaboration deal with OpenAI to expand the use of artificial intelligence across its business and assist clients in adopting it [10] Group 4: Cascades Inc. - Cascades has agreed to sell a packaging plant to Crown Paper Group for $65.5 million, including real estate assets, with the transaction expected to close soon [14] - The CEO stated that the sale is part of the company's commitment to improve profitability and optimize operations [15] - This transaction follows another deal where Cascades sold a flexible packaging plant to Five Star Holding for $31 million [15]

Canadian Pacific Kansas City Limited ( CP ) aka CPKC is, as the name implies, a Canada-based Class I railroad. It runs the only single-line rail network that links Canada, the U.S., and Mexico, covering roughly 20,000 miles of track. After goingI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets.Anal ...

Canadian Pacific Kansas City on Wednesday reported higher fourth-quarter profits on freight volumes that narrowly improved. “Our story is about continuing to do what we do best: Controlling what we can control, and executing our PSR model, which remains key to setting CPKC (NYSE: CP) apart and allows us to shine in times of uncertainty,” Chief Executive Keith Creel said on the railway’s earnings call, referring to the Precision Scheduled Railroading operating model. “We saw that in the results in the last ...

We recently compiled a list of the 20 Most Profitable Stocks of the Last 20 Years. The ninth stock on our list of most profitable stocks is Canadian Pacific Kansas City Limited. TheFly reported on January 21 that Scotiabank increased its price target for CP to C$124 from C$119 and maintained an Outperform rating on the stock. Canadian Pacific Kansas City Limited (CP) to Receive 70 Tier 4 Locomotives from Wabtec, 30 from Progress Rail This Year Additionally, on the same day, Canadian Pacific Kansas City ...

Core Insights - Canadian Pacific Kansas City (CP) reported revenue of $2.81 billion for the quarter ended December 2025, reflecting a year-over-year increase of 1.6% but a surprise of -1.79% compared to the Zacks Consensus Estimate of $2.87 billion [1] - The earnings per share (EPS) for the same period was $0.95, which is an increase from $0.92 a year ago, but fell short of the consensus estimate of $0.99, resulting in an EPS surprise of -4.04% [1] Financial Performance Metrics - Revenue ton-miles (RTMs) for Intermodal was reported at 9.34 billion, below the average estimate of 9.64 billion from four analysts [4] - Total carloads were 1.13 million, slightly below the average estimate of 1.14 million [4] - The core adjusted operating ratio was 55.9%, better than the estimated 56.4% by four analysts [4] Segment Performance - Carloads in the Energy, chemicals, and plastics segment were 139.1 thousand, compared to the average estimate of 140.84 thousand [4] - Carloads for Grain were reported at 162.2 thousand, below the average estimate of 164.46 thousand [4] - Carloads for Coal were 127.6 thousand, exceeding the average estimate of 124.24 thousand [4]