CP reports Q2 2016 diluted earnings per share of $2.15; adjusted diluted EPS of $2.05

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Canadian Pacific Railway (CP) Will Promote COO Creel to CEO Role; Enters Consulting Agreement with E. Hunter Harrison

July 20, 2016 8:40 AM EDT

Canadian Pacific Railway Limited (NYSE: CP) announced that CP's Board of Directors has reached an agreement with CP's next chief executive officer, Keith Creel. Currently president and chief operating officer, Creel will become president and CEO on July 1, 2017.

"Keith is a tremendous railroader who is more than ready to take the helm as our next CEO," said Andrew F. Reardon, Chairman of the Board. "Since joining the company in 2013, Keith has continued to demonstrate to the CP Board and all of our stakeholders his considerable leadership abilities... More

Canadian Pacific Railway (CP) Tops Q2 EPS by 1c

July 20, 2016 8:32 AM EDT

Canadian Pacific Railway (NYSE: CP) reported Q2 EPS of CDN$2.05, CDN$0.01 better than the analyst estimate of CDN$2.04. Revenue for the quarter came in at CDN$1.45 billion versus the consensus estimate of CDN$1.47 billion.

For earnings history and earnings-related data on Canadian Pacific Railway (CP) click here.

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