Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Canadian Pacific Railway Limited (CP) EPS Estimated At $2.63

June 17, 2017 7:33 PM
34 0
Canadian Pacific Railway Limited (CP) EPS Estimated At $2.63

Analysts await Canadian Pacific Railway Limited (TSE:CP) to report earnings on July, 19. They expect $2.63 earnings per share, up 28.29 % or $0.58 from last year’s $2.05 per share. T_CP’s profit will be $388.52 million for 19.47 P/E if the $2.63 EPS becomes a reality. After $2.50 actual earnings per share reported by Canadian Pacific Railway Limited for the previous quarter, Wall Street now forecasts 5.20 % EPS growth. The stock decreased 0.14% or $0.29 on June 16, reaching $204.84. About 963,207 shares traded or 177.66% up from the average. Canadian Pacific Railway Limited (TSE:CP) has 0.00% since June 16, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 9 analysts covering Canadian Pacific Railway Limited (TSE:CP), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Canadian Pacific Railway Limited had 38 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Scotia Capital on Thursday, January 19 with “Outperform”. The stock of Canadian Pacific Railway Limited (TSE:CP) earned “Outperform” rating by National Bank Canada on Thursday, November 19. As per Wednesday, December 9, the company rating was maintained by RBC Capital Markets. The stock has “Outperform” rating by Raymond James on Thursday, January 19. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, July 22.

Also read: Morneau to set up blind trust but says he followed rules

Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The company has market cap of $30.26 billion. The Firm operates through rail transportation segment. It has a 20.43 P/E ratio. The Company’s transports bulk commodities, merchandise freight, and intermodal traffic over a network of approximately 12,400 miles.

More notable recent Canadian Pacific Railway Limited (TSE:CP) news were published by: Theglobeandmail.com which released: “New CEO Keith Creel looks to make his mark on Canadian Pacific Railway” on May 22, 2017, also Nasdaq.com with their article: “Sarah Ketterer Buys Canadian Pacific Railway, Encana Corp, Gildan Activewear …” published on June 15, 2017, Streetinsider.com published: “Canadian Pacific Railway Limited (CP) PT Raised to $178 at Credit Suisse on …” on May 25, 2017. More interesting news about Canadian Pacific Railway Limited (TSE:CP) were released by: Fool.ca and their article: “Rail Investors: Should You Buy Canadian National Railway Company or Canadian …” published on June 05, 2017 as well as Theglobeandmail.com‘s news article titled: “CP Rail denies fault in Lac-Mégantic disaster” with publication date: June 02, 2017.

Also read: Morneau opted not to set up blind trust, ethics watchdog says

Source: kldaily.com

Share in social networks:

Comments - 0