Canadian Pacific Kansas Q3 2024 Adj. EPS $0.99 Misses $1.01 Estimate, Sales $3.549B Miss $3.622B Estimate
Portfolio Pulse from Benzinga Newsdesk
Canadian Pacific Kansas reported Q3 2024 earnings of $0.99 per share, missing the $1.01 estimate. Sales were $3.549 billion, below the $3.622 billion estimate, but up 42.59% from last year.
October 23, 2024 | 8:08 pm
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Canadian Pacific Kansas reported Q3 2024 earnings of $0.99 per share, missing the $1.01 estimate. Sales were $3.549 billion, below the $3.622 billion estimate, but up 42.59% from last year.
The earnings and sales figures both missed analyst estimates, which is typically seen as a negative indicator for stock performance in the short term. However, the significant year-over-year sales growth may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100