Group 1: Earnings Performance - Canadian Pacific Kansas City (CP) reported quarterly earnings of $0.74 per share, matching the Zacks Consensus Estimate, and an increase from $0.69 per share a year ago [1] - The company had a surprise of 5.75% in the previous quarter, posting earnings of $0.92 per share against an expected $0.87 [1] - Over the last four quarters, CP has surpassed consensus EPS estimates two times [1] Group 2: Revenue Performance - CP posted revenues of $2.64 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.70%, but showing an increase from $2.61 billion year-over-year [2] - The company has topped consensus revenue estimates two times over the last four quarters [2] Group 3: Stock Performance and Outlook - CP shares have declined about 0.4% since the beginning of the year, while the S&P 500 has declined by 5.5% [3] - The company's future stock performance will depend on management's commentary during the earnings call and the earnings outlook [4][6] - The current consensus EPS estimate for the coming quarter is $0.84 on revenues of $2.74 billion, and for the current fiscal year, it is $3.44 on revenues of $11.12 billion [7] Group 4: Industry Context - The Transportation - Rail industry, to which CP belongs, is currently in the top 12% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact CP's stock performance [5]
Canadian Pacific Kansas City (CP) Meets Q1 Earnings Estimates