CP Earnings Prediction
The chart below shows how CP performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CP sees a +0.32% change in stock price 10 days leading up to the earnings, and a +1.32% change 10 days following the report. On the earnings day itself, the stock moves by -0.86%. This data can give you a slight idea of what to expect for the next quarter's release.
CP Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.55B
6.29%
-1.50%
Gross Margin
72.13%
1.66%
1.24%
Operating Margin
34.71%
-3.18%
-1.45%
Net Margin
23.58%
0.94%
-5.91%
EPS
0.89
5.95%
-8.25%
No Data Available
CP Earnings Analysis
Canadian Pacific Kansas City Limited Corporation (CP.N) Earnings Conference Call
Positive
Strong Revenue and Earnings Growth: The CPKC family delivered revenues of $3.5 billion, which is up 6%, strong volume growth, an increase of over 4%, an operating ratio of 62.9%, and earnings per share of $0.99, which is an increase of 8%.
Safety Improvement Metrics: Training accidents decreasing by 17%, personal injuries decreasing by 8%.
Earnings Growth Outlook: We are on track to deliver fully year guidance, double-digit earnings growth, including volume growth, which is better than what we have projected earlier in the year.
Strong Cash Flow Generation: We are generating strong cash flow with cash provided by operating activities of $1.272 billion in Q3.
Earnings and Volume Growth: We are well positioned to deliver double-digit core adjusted earnings growth in 2024 and mid-single-digit volume growth, which is an improvement from our view at the beginning of the year.
Negative
Operating Ratio Decline: The company reported a decline in operating ratio to 62.9%, indicating increased operational inefficiencies compared to previous quarters.
Earnings Per Share Decline: Diluted earnings per share decreased to $0.90, reflecting a decline in profitability despite an 8% increase from the prior year.
Terminal Dwell Time Decline: The average terminal dwell time declined by 8%, suggesting potential delays in operations and service delivery.
Revenue Headwinds from Delays: The company faced a 100 basis point headwind in revenue due to temporary diversions and supply chain delays, impacting overall performance.
Rising Material Expenses: Material expenses increased to $99 million, driven by higher locomotive maintenance costs, which could affect future profitability.
CP FAQs
How does CP typically perform around its earnings report dates?
Is Canadian Pacific Kansas City Limited (CP) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
CP Earning Call Sentiment
Canadian Pacific Kansas City Limited (CP) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
CP.N
1.14%Positive
The earnings call summary shows strong financial performance with revenue and EPS growth, improved operating ratio, and strong cash flow. The Q&A section highlights optimism about growth opportunities, despite some macroeconomic pressures and uncertainties. The company's strategic initiatives, such as the Gemini alliance, and the expectation of operational improvements further support a positive outlook. While there are concerns about inflation and competitive pressures, the overall sentiment is positive, indicating a likely stock price increase in the next two weeks.