Canadian Pacific Kansas City Q1 Core Earnings, Revenue Rise

MT Newswires Live
05-01

Canadian Pacific Kansas City (CP) late Wednesday reported Q1 core adjusted earnings of 1.06 Canadian dollars ($0.77) per diluted share, up from CA$0.93 a year earlier.

Analysts polled by FactSet expected CA$1.04.

Revenue for the quarter ended March 31 was CA$3.80 billion, up from CA$3.52 billion a year earlier.

Analysts polled by FactSet expected CA$3.75 billion.

As a result of the ongoing tariff and trade policy uncertainty, the company said it expects its 2025 core adjusted diluted EPS to increase between 10% and 14% from 2024 core adjusted diluted EPS of CA$4.25. Analysts polled by FactSet are expecting CA$4.84 for this year.

Shares of the company were down more than 2% in recent after-market activity.

Price: 71.00, Change: -1.47, Percent Change: -2.03

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