CPKC sees higher Q4 profits, forecasts continued growth despite trade concerns

Capt. John

CALGARY, Alberta — Canadian Pacific Kansas City (NASDAQ: CP) reported higher fourth-quarter profits and revenue as the railway’s merger-related synergies accelerated.

“Despite a number of challenges, we delivered on the guidance that we set out at the start of the year, to produce double-digit earnings growth. And we did it safely,” CEO Keith Creel told investors and analysts on the railway’s earnings call Wednesday.

Despite economic uncertainties and the Trump administration’s threat of imposing...

https://www.freightwaves.com/news/cpkc-sees-higher-q4-profits-forecasts-continued-growth-despite-trade-concerns

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