Canadian Pacific Railway Ltd's latest earnings report shows strong performance, exceeding expectations and highlighting growth in key areas.
Recent earnings trend
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Canadian Pacific Railway Ltd
CP.TO
CP.TO
Canadian Pacific Railway Ltd
WealthAwesomeMarket cap
$109.46B
P/E
29.0x
Div. yield
0.77%
Div. / share
$0.95
52W high
$131.89
52W low
$95.88
1W change
-4.45%
Beta
1.22
Analyst Price Targets
Based on analyst covering CP
Wall Street analysts forecast CP stock price to rise 11.9% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$139.32
+11.9% Upside
Current Price
C$124.52
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CP's historical volatility
30-Day Vol
19.9%
Annualized
90-Day Vol
22.2%
Annualized
Trend (90d)
+25.3%
Annualized drift
90d Mean
C$136.31
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$128.33 | C$119.81 – C$137.46 |
| 60 trading days | C$132.26 | C$120.01 – C$145.76 |
| 90 trading days | C$136.31 | C$121.02 – C$153.54 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 14 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-28 | — | 1.3400 | — |
| 2026-06-30 | 2026-07-29 | 1.2700 | 1.2400 | +2.4% |
| 2026-03-31 | 2026-04-29 | 1.0400 | 1.0700 | -2.8% |
| 2025-12-31 | 2026-01-28 | 1.3300 | 1.3500 | -1.5% |
| 2025-09-30 | 2025-10-29 | 1.1000 | 1.1100 | -0.9% |
| 2025-06-30 | 2025-07-30 | 1.1200 | 1.1300 | -0.9% |
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On July 29, 2026, Canadian Pacific Railway Ltd (CP.TO) announced its Q2 earnings, reporting an earnings per share (EPS) of $1.27, which beat the consensus estimate of $1.24 by 2.4%. This is a significant improvement from last year's EPS of $1.12, reflecting a year-over-year growth of about 13%. The company also posted revenues of $3.01 billion, up 12.5% from $2.67 billion in the same quarter last year.
Investor takeaway: Keep an eye on Canadian Pacific's ability to exceed expectations in a competitive market. The recent earnings beat and solid revenue growth position CP well for future success, though challenges like rising fuel costs and regulatory pressures are still relevant.
EPS Growth of 13% Year-Over-Year
Canadian Pacific's EPS of $1.27 shows a strong rebound from last year's $1.12, demonstrating the company's resilience and growth potential even in tough market conditions.
Bull case
The impressive EPS performance, alongside a 13% revenue increase and record freight volumes, indicates that Canadian Pacific is successfully meeting market demand. The company's strategic focus on the grain and automotive sectors could drive further growth in the future.
Bear case
Despite the positive earnings report, there are concerns about rising operational costs, particularly fuel expenses, which have jumped by 49% year-over-year. Additionally, the competitive landscape, especially with ongoing consolidation in the rail industry, presents risks to CP's market position.
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Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
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