Analysts on Wall Street project that Canadian Pacific Kansas City (CP) will announce quarterly earnings of $0.74 per share in its forthcoming report, representing an increase of 7.3% year over year. Revenues are projected to reach $2.66 billion, increasing 7.1% from the same quarter last year.Over the last 30 days, there has been an upward revision of 0.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their in ...

Investors might want to bet on Canadian Pacific Kansas City (CP) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tra ...

Canadian Pacific Kansas City’s (CP) bottom line is bolstered by increased operational efficiency. Cost-cutting initiatives and a shareholder-friendly approach bode well for the company. Owing to these tailwinds, CP shares have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it’s time to do so.Let’s delve deeper.Factors Favoring CP StockRobust Price Performance: A look at the company’s price trend reveals that its shares have risen 2.7% year to date, ...

The Zacks Transportation - Rail industry faces challenges, ranging from inflationary pressures and resultant high interest rates to concerns pertaining to supply-chain disruptions. Despite the challenges surrounding the industry,Canadian Pacific Kansas City Limited (CP) , CSX Corporation (CSX) and Norfolk Southern Corporation (NSC) appear better placed to tide over the challenges. Declining fuel costs represent a tailwind as far as bottom-line growth is concerned. Industry Description The Zacks Transportati ...

CALGARY, AB, Sept. 17, 2024 /PRNewswire/ - Canadian Pacific Kansas City Limited (TSX: CP) (NYSE: CP) (CPKC) announced today the appointment of Arturo Gutiérrez Hernández to the CPKC Board of Directors, effective on Nov. 1, 2024.Mr. Gutiérrez, 58, of Monterrey, Mexico, has been the chief executive officer of Arca Continental, the second largest Coca-Cola bottler in Latin America, since January 2019.Arturo Gutierrez Hernandez (CNW Group/CPKC)"The addition of Arturo adds to the extensive, diverse experience of ...

It has been about a month since the last earnings report for Canadian Pacific Kansas City (CP) . Shares have lost about 1.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Canadian Pacific Kansas City due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Q2 Earnings ...

Canadian Pacific Kansas City’s (CP) operations are being boosted by its robust operational efficiency and cost-cutting initiatives. Shareholder-friendly actions bode well for the company. High fuel costs and weak liquidity are major concerns.Factors Favoring CPCanadian Pacific’s operational efficiency is commendable, as evidenced by the company’s robust performance in the second quarter of 2024. The average terminal dwell decreased by 9%, highlighting improved processing and handling operations. The network ...

CALGARY, AB, Aug. 22, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) said, following the direction issued by the Canadian Minister of Labour pursuant to section 107 of the Canada Labour Code, the Canada Industrial Relations Board (CIRB) convened an urgent case management conference with CPKC at 9:00 p.m. ET tonight. CPKC was prepared to fully address the resumption of service given its obvious priority.Unfortunately, the Teamsters Canada Rail Conference (TCRC) representing the ...

CALGARY, AB, Aug. 22, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said it is preparing to restart railway operations in Canada following the Canadian Minister of Labour's announcement that he will exercise his authority under Section 107 of the Canada Labour Code to direct the Canada Industrial Relations Board (CIRB) to impose final binding arbitration and for railway operations to resume forthwith.CPKC will follow the order of the CIRB once it executes the Minister's ...

CALGARY, AB, Aug. 22, 2024 /PRNewswire/ -- Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) said today it has locked out employees who are members of the Teamsters Canada Rail Conference (TCRC) – Train and Engine (T&E) division effective 00:01 Eastern Time on Aug. 22.That will be followed by the lock out of employees who are members of the TCRC – Rail Traffic Controller (RCTC) division effective 00:01 Mountain Time on Aug. 22.Throughout nearly a year of negotiations, CPKC has remained committed to d ...