Canadian Pacific Railway (CP) Reports Q2 EPS of Cdn$4.66

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CP demonstrates resiliency of the PSR operating model, reports record-low Q2 operating ratio

July 22, 2020 9:01 AM EDT

CALGARY, AB, July 22, 2020 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced second-quarter results, including revenues of $1.79 billion, diluted earnings per share ("EPS") of $4.66, adjusted diluted EPS of $4.07 and an operating ratio of 57.0 percent.

"The CP family of railroaders has achieved these results during some of the most challenging conditions the world has experienced in recent memory," said Keith Creel, CP President and Chief Executive Officer. "Our second-quarter results showcase the resiliency of our people and of the precision scheduled... More