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Stuart Chirls Wednesday, January 29, 2025

First look: CPKC Q4 earnings improve

Canadian Pacific Kansas City said fourth-quarter revenues increased to $3.9 billion from $3.8 billion a year ago, as diluted earnings per share increased to $1.28 from $1.10 in the same quarter in 2023. The Calgary, Alberta-based company (NASDAQ: CP) said after markets closed that its operating ratio decreased by 210 basis points to 59.7% from […]

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Eric Kulisch Tuesday, April 30, 2024

Inflation tempers Cargojet’s outlook despite Q1 volume growth

Modest growth in domestic e-commerce volumes plus improved aircraft utilization from network rebalancing helped Canadian airline Cargojet further stabilize performance during the first quarter, setting the table for growth this year despite lingering concerns about inflation.  Cargojet (TSX: CJT) reported Tuesday that revenue of US$169 million was nearly flat year over year, while adjusted earnings […]

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