Canadian Pacific Kansas City Sees 2024 Capital Expenditures CAD$2.75 Billion; Sees 2024 Double-Digit Core Adjusted Combined Diluted EPS Growth
Portfolio Pulse from Benzinga Newsdesk
Canadian Pacific Kansas City projects $2.75 billion in capital expenditures for 2024 and anticipates double-digit growth in core adjusted combined diluted EPS.
September 03, 2024 | 8:30 pm
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Canadian Pacific Kansas City plans significant capital expenditures of $2.75 billion for 2024, indicating a strong investment in growth. The company also expects double-digit growth in core adjusted combined diluted EPS, suggesting positive financial performance.
The announcement of $2.75 billion in capital expenditures indicates a strong commitment to growth and expansion. The expectation of double-digit EPS growth further suggests that these investments are likely to yield positive financial results, making the stock attractive to investors.
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