$2.38 EPS Expected for Canadian Pacific Railway Limited (USA) (CP)

September 17, 2017 - By Kurt Siggers

 $2.38 EPS Expected for Canadian Pacific Railway Limited (USA) (CP)

Analysts await Canadian Pacific Railway Limited (USA) (NYSE:CP) to report earnings on October, 18. They expect $2.38 EPS, up 13.88 % or $0.29 from last year’s $2.09 per share. CP’s profit will be $348.48 million for 16.68 P/E if the $2.38 EPS becomes a reality. After $2.06 actual EPS reported by Canadian Pacific Railway Limited (USA) for the previous quarter, Wall Street now forecasts 15.53 % EPS growth. The stock decreased 0.27% or $0.43 on September 15, reaching $158.79. About 374,442 shares traded. Canadian Pacific Railway Limited (USA) (NYSE:CP) has risen 21.39% since September 17, 2016 and is uptrending. It has outperformed by 4.69% the S&P500.

Canadian Pacific Railway Limited (USA) (NYSE:CP) Ratings Coverage

Among 25 analysts covering Canadian Pacific (NYSE:CP), 17 have Buy rating, 0 Sell and 8 Hold. Therefore 68% are positive. Canadian Pacific had 57 analyst reports since September 30, 2015 according to SRatingsIntel. RBC Capital Markets upgraded the stock to “Outperform” rating in Friday, January 22 report. The firm earned “Buy” rating on Wednesday, September 30 by Goldman Sachs. The rating was upgraded by Loop Capital on Thursday, August 24 to “Buy”. The company was maintained on Wednesday, October 21 by Cowen & Co. The stock has “Outperform” rating by Credit Suisse on Friday, February 19. The stock has “Buy” rating by Citigroup on Tuesday, September 13. The stock of Canadian Pacific Railway Limited (USA) (NYSE:CP) has “Hold” rating given on Wednesday, October 21 by Canaccord Genuity. The stock has “Overweight” rating by Morgan Stanley on Tuesday, July 25. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, July 21. RBC Capital Markets maintained Canadian Pacific Railway Limited (USA) (NYSE:CP) rating on Tuesday, January 17. RBC Capital Markets has “Outperform” rating and $224.0 target.

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 $23.25 billion. The Firm operates through rail transportation segment. It has a 17.37 P/E ratio. The Company’s transports bulk commodities, merchandise freight, and intermodal traffic over a network of approximately 12,400 miles.

More important recent Canadian Pacific Railway Limited (USA) (NYSE:CP) news were published by: Reuters.com which released: “CANADA STOCKS-TSX reaches near two-week high as energy shares climb” on September 14, 2017, also Theglobeandmail.com published article titled: “Why the operating performance advantage of Canadian railways is about to take …”, Fool.ca published: “Time to Throw in the Towel at Canadian Pacific Railway Limited?” on September 01, 2017. More interesting news about Canadian Pacific Railway Limited (USA) (NYSE:CP) was released by: Business.Financialpost.com and their article: “Canadian rail giants say Bill C-49 proposal on long-haul routes give US …” with publication date: September 12, 2017.

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