Canadian Pacific Kansas City Limited (TSE:CP) has released an update.
Canadian Pacific Kansas City (CPKC) marks its first anniversary as a merged entity, reporting a robust first-quarter with revenues reaching $3.5 billion and a core adjusted diluted EPS of $0.93. Despite a slight dip in diluted EPS year-over-year, the company has seen an increase in revenue ton-miles and remains optimistic about delivering on its 2024 guidance. President and CEO Keith Creel highlights the successful growth driven by CPKC’s unique position as the sole railway connecting Canada, the U.S., and Mexico.
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