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CPKC Profit, Revenue Rise on More Shipments
CPKC Profit, Revenue Rise on More Shipments

Wall Street Journal

time10 hours ago

  • Business
  • Wall Street Journal

CPKC Profit, Revenue Rise on More Shipments

Canadian Pacific Kansas City posted higher profit and revenue in the second quarter, as it shipped 7% more volume across its railroad network. The Calgary, Alberta-based railroad operator on Wednesday posted a profit of 1.23 billion Canadian dollars, or the equivalent of $893.1 million, compared with C$903 million in the same quarter a year earlier. On a per-share, CPKC's profit came in at C$1.33, compared with C$0.97 a year earlier.

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