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Canadian Pacific Kansas City: Q3 Earnings Snapshot
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CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Canadian Pacific Kansas City Limited (CP) on Wednesday reported third-quarter net income of $655.3 million.

On a per-share basis, the Calgary, Alberta-based company said it had net income of 74 cents. Earnings, adjusted for non-recurring costs, were 91 cents per share.

The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 94 cents per share.

The railroad posted revenue of $3.01 billion in the period, which matched Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CP at https://www.zacks.com/ap/CP

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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