Core Points - Canadian Pacific Kansas City (CPKC) officially opened the Patrick J. Ottensmeyer International Railway Bridge, enhancing trade between the U.S. and Mexico [1] - The bridge is named after Patrick J. Ottensmeyer, the final president and CEO of Kansas City Southern, who played a significant role in its development [1][2] - The bridge, costing $100 million, more than doubles the capacity of the railway trade corridor at the U.S.-Mexico border [3] Company Overview - CPKC is the first and only single-line transnational railway linking Canada, the U.S., and Mexico, with a network of approximately 20,000 route miles [4] - The company employs 20,000 railroaders and provides extensive rail service and logistics solutions across North America [4] Bridge Features - The Ottensmeyer Bridge has a total length of 1,170 feet and includes a ballasted deck plate girder design supported by six reinforced concrete piers [5] - It allows trains to operate in both directions simultaneously, with 4,500 feet of new track added [5] - Enhanced border security measures include a new VACIS X-ray railcar inspection system and surveillance cameras [5]

CALGARY, AB, Feb. 5, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) President and Chief Executive Officer Keith Creel will address the 2025 Citi Global Industrial Tech and Mobility Conference on Feb. 18, 2025, at 2:40 p.m. ET and the 2025 Barclays Industrial Select Conference on Feb. 19, 2025, at 9:50 a.m. ET.CPKC will provide access to the live audio webcasts at investor.cpkcr.com. A replay will also be available following the conclusion of the events. Keith Creel, CPKC Pre ...

CALGARY, AB, Feb. 5, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said it has reached a tentative four-year collective agreement with United Steelworkers (USW) representing clerical and intermodal employees in Canada."We are very pleased to have reached another collective agreement at the bargaining table, our third tentative agreement this year in Canada," said Keith Creel, CPKC President and Chief Executive Officer. "Working together with the United Steelworkers, we'v ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .On October 10, I wrote an article titled “The One Chart That Keeps Me Up At Night.” That chart is the one below, which shows the purchasing power of the U.S. dollar. Since 1933, it has been in steady decline, causingAnalyst’s Disclosure: I/we have a beneficial long position in t ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .You may believe in American exceptionalism or not, but one thing is sure, when it comesAnalyst’s Disclosure: I/we have a beneficial long position in the shares of CP, UNP, LHX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expr ...

Group 1 - Canadian Pacific Kansas City Limited (CPKC) held its Fourth Quarter and Full Year 2024 Conference Call on January 29, 2025 [1] - The call featured key company participants including the President and CEO, EVP and COO, and EVP and CFO [1][2] - The presentation included forward-looking information and non-GAAP measures, with actual results potentially differing from projections [3][4] Group 2 - Supplemental Q4 and full-year combined revenue and operating performance data is available for investors [4]

Core Insights - Canadian Pacific Kansas City (CP) reported a revenue of $2.77 billion for Q4 2024, reflecting a slight year-over-year decline of 0.2% but exceeding the Zacks Consensus Estimate by 1.91% [1] - The earnings per share (EPS) for the same quarter was $0.92, up from $0.87 a year ago, representing a surprise of 5.75% over the consensus estimate [1] Financial Performance Metrics - The adjusted operating ratio was reported at 57.1%, better than the average estimate of 57.8% from eight analysts [4] - Total carloads amounted to 1.12 million, slightly below the average estimate of 1.14 million [4] - Revenue ton miles (RTMs) totaled 55.97 billion, surpassing the average estimate of 53.37 billion from four analysts [4] Stock Performance - Over the past month, shares of Canadian Pacific Kansas City have returned +9.4%, outperforming the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]

Q4 2024 EARNINGS REVIEW January 29, 2025 FORWARD-LOOKING STATEMENTS This investor presentation may contain certain forward-looking information and forward-looking statements (collectively, "forward-looking information") within the meaning of applicable securities laws in both the U.S. and Canada. Forward-looking information includes, but is not limited to, statements concerning expectations, beliefs, targets, plans, goals, objectives, assumptions and statements about possible future events, conditions, and ...

Group 1 - Canadian Pacific Kansas City (CP) reported quarterly earnings of $0.92 per share, exceeding the Zacks Consensus Estimate of $0.87 per share, and showing an increase from $0.87 per share a year ago, representing an earnings surprise of 5.75% [1] - The company posted revenues of $2.77 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.91%, with year-ago revenues also at $2.77 billion [2] - Canadian Pacific Kansas City shares have increased approximately 9.4% since the beginning of the year, outperforming the S&P 500's gain of 3.2% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $0.77 on revenues of $2.67 billion, and for the current fiscal year, it is $3.53 on revenues of $11.11 billion [7] - The Zacks Industry Rank indicates that the Transportation - Rail sector is currently in the bottom 42% of over 250 Zacks industries, suggesting that the industry's outlook can significantly impact stock performance [8]

Earnings Per Share (EPS) and Growth Expectations - Core adjusted combined diluted EPS growth expected to be 12-18% in 2025, based on Core adjusted combined diluted EPS of $4.25 in 2024[48] - CPKC expects mid single-digit RTM growth in 2025[48] - CPKC's Core adjusted combined diluted EPS is calculated using GAAP-based Diluted EPS adjusted for significant items less KCS purchase accounting[52] Capital Investment and Financial Adjustments - CPKC plans to invest approximately $2.9 billion in capital programs in 2025, driven by a higher expected USD/CAD FX rate[48] - Core adjusted combined operating ratio and Core adjusted combined diluted EPS exclude KCS purchase accounting, which includes amortization of basis differences and fair value adjustments[47] - Core adjusted effective tax rate is a Non-GAAP measure, calculated as the effective tax rate adjusted for significant items and excludes KCS purchase accounting[50] Impact of Acquisition and Tax Adjustments on EPS - Acquisition-related costs of $112 million in 2023 unfavourably impacted Diluted EPS by 9 cents[53] - Deferred income tax recovery of $81 million in 2023 due to changes in tax rates favourably impacted Diluted EPS by 9 cents[53] - Remeasurement loss of KCS of $7,175 million in 2023 unfavourably impacted Diluted EPS by $7.68[53] - Adjustments to provisions and settlements of Mexican taxes of $4 million recovery in 2023 had minimal impact on Diluted EPS[53]