The earnings call highlighted CPKC's strong revenue growth and operational efficiencies despite facing challenges such as a work stoppage and macroeconomic pressures in certain segments. The company's focus on safety and sustainability, along with strategic growth in automotive and intermodal segments, positively contributed to its outlook.

Company Guidance

During the CPKC's third-quarter earnings call for 2024, the company provided several key metrics and guidance. Despite facing operational challenges, including a significant derailment in July and a strike in August, CPKC reported revenues of $3.5 billion, up 6% year-over-year, with a 4% increase in volume growth. The operating ratio stood at 62.9%, and earnings per share increased by 8% to $0.99. The company's safety metrics showed improvement, with a 17% decrease in train accidents, though personal injuries increased by 8%. CPKC remains on track to achieve its full-year guidance of double-digit earnings growth and mid-single-digit volume growth. The company highlighted the successful approval of the MBNR corridor, enhancing connections with CSX, and continued advancements in its hydrogen locomotive program. Looking forward, CPKC anticipates a strong fourth quarter and a promising transition into 2025, supported by ongoing strategic investments and operational efficiencies.

Record Revenue and Growth

CPKC delivered revenues of $3.5 billion, up 6% with strong volume growth of over 4% and an increase in earnings per share by 8%.

Operational Efficiency Gains

Average terminal dwell declined by 8%, train speed increased by 6%, and locomotive productivity improved by 8%.

Automotive Segment Growth

Automotive revenue increased by 27% with volume growth of 37%, benefiting from new supply chain models.

International Intermodal Expansion

International Intermodal volumes increased by 12%, driven by the new contract with ONE and port strike recovery.

Safety Improvements

FRA train accident frequency improved by 8% and personal injuries improved by 17% year-over-year.

Hydrogen Locomotive Milestone

First high horsepower hydrogen locomotive was operational, demonstrating commitment to sustainability.

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Canadian Pacific Kansas City (CP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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CP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 18, 2018	2018 (Q2)	- / 0.44	0.385	14.08% (+0.05)	―	―
Oct 18, 2018	2018 (Q3)	- / 0.57	0.403	42.07% (+0.17)	―	―
Jan 23, 2019	2018 (Q4)	- / 0.63	0.447	41.30% (+0.18)	―	―
Apr 23, 2019	2019 (Q1)	- / 0.39	0.375	3.33% (+0.01)	―	―
Jul 16, 2019	2019 (Q2)	0.58 / 0.60	0.439	36.08% (+0.16)	―	―
Oct 23, 2019	2019 (Q3)	0.63 / 0.64	0.572	11.89% (+0.07)	―	―
Jan 29, 2020	2019 (Q4)	0.65 / 0.66	0.632	4.84% (+0.03)	―	―
Apr 21, 2020	2020 (Q1)	0.57 / 0.61	0.387	58.42% (+0.23)	―	―
Jul 22, 2020	2020 (Q2)	0.53 / 0.57	0.597	-5.35% (-0.03)	―	―
Oct 20, 2020	2020 (Q3)	0.59 / 0.57	0.64	-10.63% (-0.07)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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CP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Oct 23, 2024	$78.69	$78.37	-0.41%
Jul 30, 2024	$81.84	$83.53	+2.07%
Apr 24, 2024	$87.26	$81.50	-6.60%
Jan 30, 2024	$78.86	$79.92	+1.34%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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