Canadian Pacific Railway (CP) Tops Q2 EPS by 8c
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CP reports second quarter revenue growth of 7 percent; poised for strong back half of 2018
July 18, 2018 4:01 PM EDTCALGARY, July 18, 2018 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced second quarter revenues of $1.75 billion, an increase of 7 percent from last year, and reported diluted earnings per share (EPS) of $3.04, or $3.16 on an adjusted diluted EPS basis.
"Overall, it was a good quarter that sets the franchise up well for the remainder of 2018 and beyond," said Keith Creel, CP President and Chief Executive Officer. "Our quarterly performance was impacted by service interruptions related to labour negotiations and strike notices.... More
