Canadian Pacific Kansas City Ltd. Lowers Financial Forecast Amid Trade Uncertainty
By Staff
Posted April 30, 2025 5:15 pm
1 min read
Introduction to the Financial Forecast
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Canadian Pacific Kansas City Ltd. says it is reining in its financial forecast for the year due to uncertainty around U.S. tariffs and trade policy.
The railway says it expects adjusted diluted earnings per share to increase between 10 and 14 per cent this year, rather than 12 to 18 per cent as previously predicted.
Railcars and locomotives are shown at the CPKC railyard in Calgary on Aug. 22, 2024. The Calgary-based company has lowered its financial forecast for the coming year amid trade uncertainty, despite a Q1 profit increase.
THE CANADIAN PRESS/Jeff McIntosh
The downgraded guidance comes despite a 17 per cent increase in net income to $909 million in CPKC’s latest quarter versus $774 million in the same period a year earlier.
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Financial Performance and Trends
The Calgary-based company says revenues grew eight per cent to $3.80 billion in the three months ended March 31 from $3.52 billion the year before.
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Company Outlook and Expectations
Diluted earnings rose to 97 cents per share from 83 cents per share.
Canadian Pacific CEO Keith Creel says increasing uncertainty fuelled by shifting tariffs and a risk of recession prompted more moderate earnings expectations for the company.
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Conclusion
In conclusion, Canadian Pacific Kansas City Ltd. has lowered its financial forecast for the year due to uncertainty around U.S. tariffs and trade policy. Despite a 17 per cent increase in net income, the company expects adjusted diluted earnings per share to increase between 10 and 14 per cent this year.
Frequently Asked Questions
Q: What is the reason for Canadian Pacific Kansas City Ltd.’s lowered financial forecast?
A: The reason for the lowered financial forecast is the uncertainty around U.S. tariffs and trade policy.
Q: What is the expected increase in adjusted diluted earnings per share for the year?
A: The expected increase in adjusted diluted earnings per share is between 10 and 14 per cent.
Q: How did the company’s net income perform in the latest quarter?
A: The company’s net income increased by 17 per cent to $909 million in the latest quarter.
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