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Canadian Pacific Kansas City ( (TSE:CP) ) has shared an update.
Canadian Pacific Kansas City (CPKC) reported strong fourth-quarter results for 2024, with revenues reaching $3.9 billion, a 3% increase from the previous year. The company achieved a significant improvement in its operating ratio and safety performance, with reduced personal injury and train accident frequencies. CPKC’s leadership in the industry is marked by its lowest train accident frequency among Class 1 railroads for the second consecutive year. Looking forward to 2025, CPKC anticipates continued earnings growth, driven by a focus on safety and operational excellence, aligning with its multi-year growth strategy.
More about Canadian Pacific Kansas City
Canadian Pacific Kansas City is a prominent player in the rail transportation industry, focusing on providing efficient and safe rail services across North America. The company’s operations emphasize safety, service, and efficiency, catering to diverse shipping needs across the continent.
YTD Price Performance: 7.49%
Average Trading Volume: 3,035,991
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $73.89B
See more insights into CP stock on TipRanks’ Stock Analysis page.
