Canadian Pacific Kansas City (TSE:CP) has released an update.
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Canadian Pacific Kansas City (CPKC) has reported a strong performance in the second quarter of 2024, with a notable increase in revenue to $3.6 billion and an improvement in operating ratio and safety measures. The company’s President and CEO, Keith Creel, attributes these positive results to the exceptional work of their team and the strategic advantages of the North American rail network they operate. CPKC remains optimistic about the continuation of this growth trend and their ability to meet the annual guidance.
For further insights into TSE:CP stock, check out TipRanks’ Stock Analysis page.
