CPKC Q2 revenue beats estimates on improved freight demand
CP•Outlook
- CPKC expects to accelerate volume and earnings growth in the second half of 2026
- Company cites improving freight fundamentals and synergy realization as drivers for future growth
Overview
- Canada freight railway's Q2 revenue rose 13% yr/yr, beating analyst expectations
- Core adjusted diluted EPS for Q2 rose 13% and beat analyst expectations
- Company cites disciplined execution and improved freight fundamentals for quarterly growth
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q2 Revenue | Beat | C$4.16 bln | C$4.08 bln (18 Analysts) |
| Q2 Adjusted EPS | Beat | C$1.27 | C$1.24 (22 Analysts) |
| Q2 EPS | C$1.15 | ||
| Q2 Net Income | C$1.02 bln | ||
| Q2 Basic EPS | C$1.16 | ||
| Q2 Operating Income | C$1.47 bln | ||
| Q2 Pretax Profit | C$1.36 bln |
Analyst coverage
- The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
