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

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

April 21, 2020 4:24 PM EDT

CALGARY, April 21, 2020 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced first-quarter operating results, including revenues of $2.04 billion, an operating ratio ("OR") of 59.2 percent, diluted earnings per share ("EPS") of $2.98 and adjusted diluted EPS of $4.42.

"These impressive Q1 2020 results are due to the efforts of our CP family, the leadership of our talented management team and strict adherence to the foundations of our precision scheduled railroading model," said Keith Creel, President and Chief Executive Officer. "The entire CP team is proud to deliver for... More