Canadian Pacific Kansas City Limited (NYSE: CP) is set to announce its financial results for the third quarter of 2024 on Wednesday 23rd October 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
According to the forecasts of financial experts on Wall Street, the firm is poised to announce an anticipated per share $0.73 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $2.62 billion for this specific period.
The per-share income of $0.69 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $2.49 billion recorded during that specific period.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $10.65 billion. In addition, they anticipate the company to report profit of $3.08 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.77 | +24.2% | 2.63 B | +10.6% |
| Q1 2024 | $0.69 | -23.3% | 2.61 B | +55.8% |
| Q4 2023 | $0.87 | +2.4% | 2.77 B | +51.3% |
| Q3 2023 | $0.69 | -10.4% | 2.49 B | +40.4% |
| Q2 2023 | $0.62 | -16.2% | 2.38 B | +37.9% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 23rd October 2024 at 04:30 PM eastern time to discuss Q3 financial results.
The previous trading day saw Canadian Pacific Kansas City Limited (CP) shares trading between $78.61 and $80.36, besides a volume of 1.73 million shares. The stock closed Monday's regular trading session at $78.75, reflecting 1.66 percent downfall.
