Canadian Pacific Railway: Q1 Earnings Insights

Loading...
Loading...

Shares of Canadian Pacific Railway CP were flat in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 20.98% year over year to $3.54, which beat the estimate of $3.47.

Revenue of $1,547,000,000 declined by 24.17% year over year, which missed the estimate of $1,590,000,000.

Looking Ahead

Canadian Pacific Railway hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Apr 21, 2021

Time: 04:30 PM

ET Webcast URL: https://produceredition.webcasts.com/starthere.jsp?ei=1440996&tp_key=4ab4a95faa

Technicals

Company's 52-week high was at $390.46

Company's 52-week low was at $211.43

Price action over last quarter: Up 2.38%

Company Description

Canadian Pacific is a CAD 7.7 billion railroad operating on 12,500 miles of track across most of Canada and into parts of the Midwestern and Northeastern United States. It is the second-smallest Class I railroad by revenue and route miles. In 2020, CP hauled shipments of grain (24% of freight revenue), intermodal containers (21%), energy products (like crude and frac sand), chemicals, and plastics (20%) coal (8%), fertilizer and potash (10%), automotive products (4%), and a diverse mix of other merchandise.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...