Canadian Pacific Railway (CP) Reports Q3 EPS of Cdn$4.12

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Go back to Canadian Pacific Railway (CP) Reports Q3 EPS of Cdn$4.12

CP reports record quarter on strength of industry-leading team and foundations of Precision Scheduled Railroading model

October 18, 2018 4:01 PM EDT

CALGARY, Oct. 18, 2018 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced third quarter revenues of $1.9 billion, its highest ever for any quarter, and reported diluted earnings per share (EPS) of $4.35, or $4.12 on an adjusted diluted EPS basis, the highest in the Company's history. The Company also achieved a record-low quarterly operating ratio of 58.3 percent.(1)

"This quarter really showed what our operating model and our 13,000-strong family of CP railroaders can do," said Keith Creel, CP President and... More