Canadian Pacific Kansas City Limited reports results for the quarter ended September 30 - Earnings Summary

• Canadian Pacific Kansas City Limited CP.TO reported quarterly adjusted earnings of C$1.28​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of C$1.10. The mean expectation of twenty three analysts for the quarter was for earnings of C$1.32 per share. Wall Street expected results to range from C$1.26 to C$1.39 per share.

• Revenue rose 15.2% to C$4.22 billion from a year ago; analysts expected C$4.19 billion.

• Canadian Pacific Kansas City Limited's reported EPS for the quarter was C$1.04​.

• The company reported quarterly net income of C$917 million.

• Canadian Pacific Kansas City Limited shares had risen by 7.1% this quarter and gained 23.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the ground freight & logistics peer group is also "buy"

This summary was machine generated from LSEG data October 28 at 09:40 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)