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

September 17, 2017 - By Hazel Jackson

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

Investors wait Canadian Pacific Railway Limited (USA) (NYSE:CP) to report on October, 18. its quarterly earnings Wall Street analysts expect $2.38 earnings per share, up $0.29 or 13.88 % from last year’s $2.09 same quarter earnings. This translates into $348.48 million profit for CP giving the stock a 16.68 P/E. This is assuming the current $2.38 EPS is accurate. Canadian Pacific Railway Limited (USA)’s Wall Street analysts see 15.53 % EPS growth, taking into account the $2.06 EPS reproted in the previous quarter, 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. The rating was downgraded by Desjardins Securities to “Hold” on Thursday, April 21. As per Friday, April 21, the company rating was downgraded by Loop Capital. The stock of Canadian Pacific Railway Limited (USA) (NYSE:CP) earned “Buy” rating by Argus Research on Tuesday, July 25. As per Wednesday, October 21, the company rating was maintained by Cowen & Co. The rating was maintained by Citigroup with “Buy” on Tuesday, September 13. Stifel Nicolaus upgraded the shares of CP in report on Friday, December 16 to “Buy” rating. The firm has “Buy” rating by Bank of America given on Thursday, July 20. The rating was upgraded by TD Securities to “Hold” on Wednesday, October 21. The firm earned “Underperform” rating on Thursday, May 19 by CLSA. On Monday, April 25 the stock rating was initiated by JP Morgan with “Neutral”.

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: Fool.ca which released: “Time to Throw in the Towel at Canadian Pacific Railway Limited?” on September 01, 2017, also Business.Financialpost.com published article titled: “Canadian rail giants say Bill C-49 proposal on long-haul routes give US …”, Theglobeandmail.com published: “Why the operating performance advantage of Canadian railways is about to take …” on August 25, 2017. More interesting news about Canadian Pacific Railway Limited (USA) (NYSE:CP) was released by: Reuters.com and their article: “CANADA STOCKS-TSX reaches near two-week high as energy shares climb” with publication date: September 14, 2017.

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