Canadian Pacific Railway (CP) Tops Q4 EPS by 32c
Get Alerts CP Hot Sheet
EPS Growth %: +3.3%
Financial Fact:
Net income: 347M
Today's EPS Names:
WF, CWBC, GLTO, More
Join SI Premium – FREE
Canadian Pacific Railway (NYSE: CP) reported Q4 EPS of Cdn$4.55, Cdn$0.32 better than the analyst estimate of Cdn$4.23. Revenue for the quarter came in at Cdn$2 billion versus the consensus estimate of Cdn$1.94 billion.
FULL-YEAR 2019 GUIDANCE
- Double-digit adjusted diluted EPS growth versus 2018 adjusted diluted EPS of $14.51
- Mid-single digit volume growth, as measured in revenue ton miles
- Capital expenditures of $1.6 billion
CP's guidance is based on the following key assumptions:
- U.S.-to-Canadian dollar exchange rate of approximately 1.30
- Effective tax rate of 25.5 to 26 percent
- Other components of net periodic benefit recovery to increase by $11 million versus 2018
- No material land sales
"Each day I look at our team of railroaders and I am proud to be their CEO," Creel said. "We are entering 2019 with tremendous momentum and a commitment to operating the precision scheduled railroading model in its true form."
For earnings history and earnings-related data on Canadian Pacific Railway (CP) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Alphabet stock surges 11% to record high on Q1 earnings beat, first-ever dividend
- Snap shares surge 26% on earnings beat, optimistic outlook
- COPT Defense Properties (CDP) Reports In-Line Q1 EPS; offers guidance
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!