The Future on track for CP Rail:
CP Rail has increased its guidance for the coming year by approximately 13% raising earnings forecast to $4.30 – $4.45 per share up from the previous estimate of $3.95 per share.
The company expects revenue to increase 5-6% with both load volume and prices forecast to rise. The company is seeing strong demand well into 2007 this increase along with continued emphasis on productivity enhancements should add to the bottom line on a consistent basis.
The Canadian railways are in an excellent position for growth as the global demand for materials and grains supports the expansion of service across the country. CP Rail (CP-T) is an attractive buy with good long term potential for capital growth and increased dividend income.
For more information go to www.campbellreport.com
The company expects revenue to increase 5-6% with both load volume and prices forecast to rise. The company is seeing strong demand well into 2007 this increase along with continued emphasis on productivity enhancements should add to the bottom line on a consistent basis.
The Canadian railways are in an excellent position for growth as the global demand for materials and grains supports the expansion of service across the country. CP Rail (CP-T) is an attractive buy with good long term potential for capital growth and increased dividend income.
For more information go to www.campbellreport.com
posted by Grant | 2:58 PM
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