What's in Store for Canadian Pacific KC (CP) in Q2 Earnings?

Canadian Pacific Kansas City Limited (CP) is scheduled to report second-quarter 2024 results on Jul 30 after market close.CP has a mixed earnings surprise history, having surpassed the Zacks Consensus Estimate in two of the trailing four quarters and missing twice. The average miss is 1.32%.Rising operating expenses are adversely impacting the company’s bottom line. This surge in operating expenses is primarily driven by the increase in labor costs and fuel costs, thereby hindering Canadian Pacific’s perfor ...