CP Stock Recent News

Transportation stocks are typically viewed as moving in sync with the economy as a whole. Despite what the very stubborn bears say,  I would argue that this characteristic makes transportation stocks very attractive at the current time, as the Fed projects that the U.S. economy will grow at an extremely rapid 4.9% in the current quarter.

Canadian Pacific Kansas City is building one of the best railroad networks in the world, with double-digit annual EBITDA growth and potential for dividend growth and buybacks. Major investors, including TCI Fund Management and Bill Ackman's Pershing Square Capital Management, have shown confidence in CPKC's growth prospects. CPKC's strategic focus on high-margin bulk and merchandise shipping, particularly in Mexico, positions it for sustained profitability and long-term outperformance.

Billionaire investor Bill Ackman (Trades, Portfolio), head of Pershing Square Capital Management, is known for taking large positions in a handful of underperforming companies and pushing for change in order to unlock value for shareholders.

Railroad stocks are often under-appreciated, despite delivering strong top-line and EPS growth over the last decade. While the industry faces macroeconomic uncertainties, investors should take a look at the best railroad stocks to buy.

An escalation in operating expenses hurt Canadian Pacific Kansas City (CP).

Canadian Pacific's (CP) second-quarter 2023 earnings decrease year over year while revenues increase.

The headline numbers for Canadian Pacific Kansas City (CP) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Canadian Pacific Kansas City (CP) came out with quarterly earnings of $0.62 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.74 per share a year ago.

Canadian Pacific Kansas City (CP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Canadian Pacific Kansas City Limited, formed by the merger of Canadian Pacific and Kansas City Southern, is set to benefit from economic reshoring and post-merger synergies in all North American nations. The company aligns with Mexico's vision for economic growth, capitalizing on near-shoring opportunities and increased exports to the U.S. Canadian Pacific Kansas City Limited expects significant growth, double-digit earnings per share increase, and strong shareholder returns while maintaining a solid balance sheet. I consider the company to be undervalued with high growth potential.