Canadian Pacific Kansas City (NYSE:CP – Get Free Report) (TSE:CP) posted its quarterly earnings data on Wednesday. The transportation company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.02), Briefing.com reports. The company had revenue of $3.55 billion during the quarter, compared to analyst estimates of $3.59 billion. Canadian Pacific Kansas City had a net margin of 24.45% and a return on equity of 8.77%. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.69 earnings per share.
Canadian Pacific Kansas City Stock Down 1.8 %
Shares of NYSE CP traded down $1.41 during mid-day trading on Friday, reaching $77.10. 1,775,217 shares of the company’s stock traded hands, compared to its average volume of 2,108,632. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.51 and a quick ratio of 0.44. Canadian Pacific Kansas City has a 1-year low of $69.07 and a 1-year high of $91.58. The stock has a market cap of $71.94 billion, a P/E ratio of 24.79, a PEG ratio of 2.21 and a beta of 0.96. The business has a 50-day simple moving average of $82.90 and a 200 day simple moving average of $81.48.
Canadian Pacific Kansas City Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Friday, December 27th will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.73%. This is a positive change from Canadian Pacific Kansas City’s previous quarterly dividend of $0.14. The ex-dividend date is Friday, December 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 17.31%.
Analyst Ratings Changes
Read Our Latest Research Report on Canadian Pacific Kansas City
Canadian Pacific Kansas City Company Profile
Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.
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