The earnings presentation notes that terminal dwell times are down by 19% y/y and network speed is up 19% y/y, showing that operations continue to improve. We note that CP was able to increase its pricing by 3% (exfuel surcharges) despite facing some headwinds in regulated Canadian grain prices. CP recorded a $68 mm gain during the quarter on its sale of part of the Delaware and Hudson railway (not included in adjusted earnings).
20 Oct 2015
ADJUSTED EPS $2.69 (FCC/CONSENSUS $2.68)
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ADJUSTED EPS $2.69 (FCC/CONSENSUS $2.68)
Canadian Pacific Kansas City Limited (CP:TSE) | 0 0 1.0% | Mkt Cap: 33,360m
- Published:
20 Oct 2015 -
Author:
Steven I. Paget -
Pages:
2
The earnings presentation notes that terminal dwell times are down by 19% y/y and network speed is up 19% y/y, showing that operations continue to improve. We note that CP was able to increase its pricing by 3% (exfuel surcharges) despite facing some headwinds in regulated Canadian grain prices. CP recorded a $68 mm gain during the quarter on its sale of part of the Delaware and Hudson railway (not included in adjusted earnings).