Canadian Pacific Kansas City Q1 Profit Declines 3%; Results Miss Estimates

RTTNews | 492 일 전
Canadian Pacific Kansas City Q1 Profit Declines 3%; Results Miss Estimates

(RTTNews) - Canadian Pacific Kansas City Ltd. (CP, CP.TO) reported Wednesday that first-quarter net income attributable to controlling shareholders declined to 3 percent to C$775 million or C$0.83 per share from C$800 million or C$0.86 per share in the prior-year quarter.

Excluding items, core adjusted combined earnings for the quarter was C$0.93 per share, compared to C$0.90 per share in the year-ago quarter.

Total revenues for the quarter surged 55 percent to C$3.52 billion from C$2.27 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of C$0.94 per share on revenues of C$3.54 billion for the quarter. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews | 1 시간 14 분 전
FTSE 100 Weak Again, Looks Headed For Weekly Loss

FTSE 100 Weak Again, Looks Headed For Weekly Loss

U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews | 1 시간 46 분 전
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 1 시간 53 분 전
French Stocks Mostly Subdued In Cautious Trade

French Stocks Mostly Subdued In Cautious Trade

The French market is down in negative territory on Friday with investors digesting a slew of economic data, and look ahead to key consumer inflation report from the U.S.
RTTNews | 2 시간 5 분 전