Market Overview

Earnings Preview For Canadian Pacific Railway

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Canadian Pacific Railway (NYSE: CP) announces its next round of earnings today. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.

Earnings And Revenue

Wall Street expects EPS of $2.58 and sales around $1.3 billion.

In the same quarter last year, Canadian Pacific Railway reported EPS of $2.61 on revenue of $1 billion. The Wall Street estimate would represent a 13.16 percent increase in the company's earnings. Sales would be up 8.31 percent from the year-ago period.

In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 2.45 1.97 1.85 2.43
EPS Actual 2.32 2.05 1.9 2.28

 

Q4 EPS Estimate: $2.58
Q4 Revenues Estimate: $1 billion

Stock Performance

Shares of Canadian Pacific Railway were trading at $181.33 as of Jan. 18. Over the last 52-week period, shares are up 24.2 percent. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating Canadian Pacific Railway stock as Neutral. The strength of this rating has maintained conviction over the past three months.

 

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