NYSE$CP

Canadian Pacific Railway LTD · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

CP Q1 2024 — CAD 3.52B revenue, 5.00 EPS

Selected explanatory notes are included to explain events and transactions that are significant to an understanding of the changes in the Company's financial position and results of operations since t. Canadian Pacific Railway LTD reported Q1 2024 results. Diluted EPS came in at 5.00. Net income of CAD 280.0M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: CAD 3.52B.
  • Diluted EPS: 5.00.
  • Adjusted EPS: 0.90.
  • Net income: CAD 280.0M.
  • Operating income: CAD 1K.

Headline financials

Total Revenue

C$3.52B

Previous: C$2.27B+55.3%
EPS (adj)

C$0.69

Previous: C$0.90-23.3%
Capital Expenditures

-C$527M

Previous: -C$405M-30.1%
Free Cash Flow

C$248M

Previous: C$395M-37.2%
Net Income

C$775M

Previous: C$800M-3.1%
Operating Income

C$1.15B

Previous: C$829M+38.6%
Gross Profit

C$2.97B

Previous: C$1.87B+58.9%
Cash & Equivalents

C$519M

Previous: C$290M+79.0%
Total Assets

C$81.7B

Previous: C$73.5B+11.1%

Revenue & EPS history

Canadian Pacific · Revenue · Quarterly

C$3.52B

Q1 2024+55.3%vs Q1 2023
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+1.4%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+2.7%

Avg return

30 days after

76%

51 / 67 earnings

Positive

+12.1%

Q4 2015

Best reaction

-7.5%

Q3 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.2%-0.9%+5.9%
Q4 2025+5.6%+6.7%+22.0%
Q3 2025-0.8%-3.5%-0.8%
Q2 2025-2.9%-0.8%+0.6%
Q1 2025+0.4%+1.3%+12.7%
Q4 2024+1.2%-2.2%-1.2%
Q3 2024-1.4%-2.2%-3.7%
Q2 2024+1.9%-4.2%+0.0%
Q1 2024-6.4%-7.8%-9.0%
Q4 2023+1.6%+5.1%+7.3%
Q3 2023+0.5%+2.3%+3.9%
Q2 2023-1.1%-3.3%-6.5%
Q1 2023-1.6%+0.1%-2.8%
Q4 2022+0.8%+2.3%+1.2%
Q3 2022+2.3%+3.7%+13.4%
Q2 2022+2.5%+0.8%+3.2%
Q1 2022+4.1%-1.0%-1.9%
Q4 2021-2.0%-3.1%-4.0%
Q3 2021+2.1%+2.2%+1.9%
Q2 2021+1.9%+2.0%-0.4%
Q1 2021+3.5%+4.5%+14.0%
Q4 2020+1.5%-1.3%+4.1%
Q3 2020-2.2%-2.4%+4.9%
Q2 2020+1.4%+2.2%+10.2%
Q1 2020+2.9%+4.1%+10.0%
Q4 2019+3.2%+1.6%-4.8%
Q3 2019+3.4%+3.1%+7.3%
Q2 2019+3.2%+0.4%-1.6%
Q1 2019+2.5%+1.4%+1.3%
Q4 2018+3.1%+3.5%+6.1%
Q3 2018-3.5%-3.7%+1.8%
Q2 2018+3.3%+4.2%+8.5%
Q1 2018-1.9%-1.5%+1.4%
Q4 2017+3.0%+1.7%+2.3%
Q3 2017+5.1%+5.4%+0.4%
Q2 2017-0.6%-2.2%-6.9%
Q1 2017+1.6%+1.8%+2.8%
Q4 2016+3.0%+4.4%+2.6%
Q3 2016-4.8%-5.1%-5.1%
Q2 2016+4.1%+2.7%+6.5%
Q1 2016+0.2%
Q4 2015+12.1%
Q3 2015+1.6%
Q2 2015-0.9%
Q1 2015+0.6%
Q4 2014-4.4%
Q3 2014+0.1%
Q2 2014+6.0%
Q1 2014+4.0%
Q4 2013+8.0%
Q3 2013+8.2%
Q2 2013+1.1%
Q1 2013+0.2%
Q4 2012+2.3%
Q3 2012+1.6%
Q2 2012+1.4%
Q1 2012+1.8%
Q4 2011+2.8%
Q3 2011-7.5%
Q2 2011+3.6%
Q4 2008+0.7%
Q4 2009+0.7%
Q4 2010+0.7%
Q1 2011+0.5%
Q3 2010-0.4%
Q2 2010+0.8%
Q1 2010+2.3%

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