CP reports record fourth-quarter and full-year results; carries momentum into 2020

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Canadian Pacific Railway (CP) Reports Q4 EPS of $4.77

January 29, 2020 8:05 AM EST

Canadian Pacific Railway (NYSE: CP) reported Q4 EPS of $4.77, versus $4.55 reported last year.

FOURTH-QUARTER 2019 HIGHLIGHTS

Revenues increased 3 percent to $2.07 billion, from $2.01 billion in Q4 2018OR increased by 50 basis points (bps) to 57.0 percentDiluted EPS improved 26 percent to $4.82, from $3.83 in Q4 2018. Adjusted diluted EPS rose 5 percent to $4.77, from $4.55 in Q4 2018

"CP's strong operational performance and commitment to controlling costs enabled the railway... More