Canadian Pacific Railway (CP) Reports Q4 EPS of $4.77
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CP reports record fourth-quarter and full-year results; carries momentum into 2020
January 29, 2020 8:00 AM ESTCALGARY, Jan. 29, 2020 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced its fourth-quarter results, including record revenues of $2.07 billion, an operating ratio ("OR"') of 57.0 percent, improved diluted earnings per share ("EPS") of $4.82 and record adjusted diluted EPS of $4.77.
FOURTH-QUARTER 2019 HIGHLIGHTS
Revenues increased 3 percent to $2.07 billion, from $2.01 billion in Q4 2018 OR increased by 50 basis points (bps) to 57.0 percent Diluted 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... More