canadian pacific kansas city is targeting doubledigit earnings growth in the coming years as it charts a path for the railroad following the 31 billion acquisition of kansas city southern earlier this year to create a singleline railway connecting canada the us and mexico the albertabased company in a presentation to investors wednesday said it expects core adjusted pershare earnings to grow in the midsingle digits this year from 377 canadian dollars 286 in 2022 between 2024 and 2028 canadian pacific said it is aiming for a compound annual growth rate in the doubledigits for core adjusted earnings and revenue growth over that period in the highsingle digits the company said it also is targeting continued margin improvement through cost control and operating leverage and a return to a doubledigit adjusted return on invested capital between 2024 and 2028 in that period canadian pacific said it expects capital expenditures of about c26 billion to c28 billion a year