-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师的观点总结如下:加拿大太平洋铁路公司(CP)公布第一季度调整后每股收益为1.04美元,超出市场预期0.26美元。尽管每千英里货运量(RTM)增长2%,但由于价格压力导致每千英里货运量收入下降4%,总收入仍下降2%至37亿美元。营业收入下降4%至13亿美元,营业比率上升70个基点至66.0%,反映了持续的堪萨斯城南方铁路公司(KCS)整合成本,其中包括9100万美元的收购会计摊销。尽管受整体经济形势影响,短期内货运量受到限制,但该公司2万英里的跨大陆铁路网络仍为其提供了竞争优势。运营方面,CP展现出更佳的网络流畅性:平均列车速度提高4%至19.9英里/小时,终端停留时间缩短8%至9.5小时,机车生产率提高5%。各业务线表现参差不齐。由于加拿大粮食产量强劲,粮食收入增长 11% 至 8.71 亿美元,而工业部门则面临反映市场疲软的逆风:能源、化工和塑料下降 8% 至 7 亿美元,煤炭下降 12% 至 2.26 亿美元。
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