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

September 17, 2017 - By Dolores Ford

 Analysts See $2.38 EPS 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. The firm has “Outperform” rating by Cowen & Co given on Monday, October 5. The firm has “Buy” rating by Goldman Sachs given on Wednesday, September 30. Cowen & Co maintained Canadian Pacific Railway Limited (USA) (NYSE:CP) rating on Wednesday, October 21. Cowen & Co has “Outperform” rating and $173 target. The stock of Canadian Pacific Railway Limited (USA) (NYSE:CP) has “Buy” rating given on Thursday, August 24 by Loop Capital. The stock has “Neutral” rating by Buckingham Research on Thursday, July 21. Cowen & Co maintained Canadian Pacific Railway Limited (USA) (NYSE:CP) rating on Thursday, January 19. Cowen & Co has “Outperform” rating and $173.0 target. Credit Suisse maintained Canadian Pacific Railway Limited (USA) (NYSE:CP) on Friday, February 19 with “Outperform” rating. The stock of Canadian Pacific Railway Limited (USA) (NYSE:CP) earned “Buy” rating by Citigroup on Friday, October 2. As per Wednesday, October 21, the company rating was downgraded by Canaccord Genuity. The stock of Canadian Pacific Railway Limited (USA) (NYSE:CP) has “Outperform” rating given on Thursday, June 23 by RBC Capital Markets.

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 Reuters.com published article titled: “CANADA STOCKS-TSX reaches near two-week high as energy shares climb”, 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: 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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