Lowers FY23 EPS growth view to flat to slightly positive from previous guidance of mid-single digits growth. FY23 EPS consensus $2.77. “Economic headwinds and other near-term challenges, including the Port of Vancouver strike, have weighed on volumes more than we anticipated; therefore, we are adjusting our near-term guidance accordingly,” CEO Creel stated. “Our enthusiasm for this combination and the long-term value it will produce remains unchanged as we stay focused on executing CPKC’s unique and undeniable growth opportunities.”
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