CPKC to Report Fourth-Quarter and Full-Year 2024 Results on Jan. 29, 2025

Canadian Pacific Kansas City (CPKC) has announced that it will release its fourth-quarter and full-year 2024 financial and operating results after market close on January 29, 2025. The company will host a conference call with the financial community at 4:30 p.m. ET (2:30 p.m. MT) on the same day. Investors can access the call through the following numbers: 800-343-4849 (Canada and U.S.) or 203-518-9848 (International), using Conference ID: CPKCQ424. A webcast and presentation materials will be available in the Investors section of CPKC's website. A replay of the call will be accessible through February 5, 2025, via phone at 800-839-3516 (Canada/U.S.) or 402-220-7238 (International).

CPKC's fourth-quarter and full-year 2024 results are expected to provide valuable insights into the company's performance and growth prospects. In the previous year, CPKC reported strong financial results, with revenues of $3.8 billion, diluted earnings per share (EPS) of $1.10, and core adjusted combined diluted EPS1, 2 of $1.18 in the fourth quarter. For the full year 2023, CPKC reported revenues of $13.9 billion, a 1% volume growth, and an operating ratio of 62%. The company's core adjusted combined diluted EPS2 increased by 2% to $3.84 for the full year.

CPKC's strategic combination with KCS in April 2023 has significantly impacted its financial performance and growth prospects. The acquisition of KCS has allowed CPKC to create a new rail corridor linking Mexico, Texas, and the U.S. Southeast, which has opened up new opportunities for growth and competition in supply chains. This combination has also enabled CPKC to generate synergies and drive industry-leading growth.



CPKC's focus on safety and operational efficiency has contributed to its industry-leading train accident frequency. In 2023, CPKC led the industry with the lowest FRA-reportable train accident frequency among Class 1 railroads, building on Canadian Pacific's legacy of 17 consecutive years of industry leadership. This achievement can be attributed to several factors, including improved train speed and fuel efficiency, operational productivity, investment in technology and infrastructure, and synergy opportunities created by the combination with KCS.

CPKC's expected double-digit core adjusted combined diluted EPS growth in 2024 is driven by several key factors, including unique synergy opportunities, improving macro-economic conditions, overcoming a weak Canadian grain crop, and strong free cash flow and significant network investments. The company's commitment to long-term sustainable growth, combined with its focus on service and safety, positions it for another strong performance in 2024.

Investors and stakeholders eagerly await CPKC's fourth-quarter and full-year 2024 results, as they provide valuable insights into the company's performance and growth prospects. The conference call on January 29, 2025, will offer an opportunity to engage with CPKC's leadership and gain a deeper understanding of the company's strategic initiatives and financial outlook.