Strength of team and operating model evident as CP reports record first-quarter revenues and record-low Q1 operating ratio

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Go back to Strength of team and operating model evident as CP reports record first-quarter revenues and record-low Q1 operating ratio

Canadian Pacific Railway (CP) Reports Q1 EPS of C$4.42

April 21, 2020 4:26 PM EDT

Canadian Pacific Railway (NYSE: CP) reported Q1 EPS of Cdn$4.42, versus Cdn$2.79 reported last year. Revenue for the quarter came in at Cdn$2.04 billion, versus Cdn$1.77 billion reported last year.

Updated 2020 outlook:

As a result of the ongoing impacts of the COVID-19 pandemic to business operations and the broader macroeconomy, CP has updated its 2020 outlook.

Based on CP's... More