UPDATE: Canadian Pacific Railway (CP) Reports Q3 EPS of Cdn$4.41 on Revenues of Cdn$1.86B
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On strength of service and operating model, CP reports sub-60 operating ratio and revenues of $1.86B
October 20, 2020 8:30 AM EDTCALGARY, AB, Oct. 20, 2020 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced third-quarter revenues of $1.86 billion, diluted earnings per share ("EPS") of $4.41, adjusted diluted EPS of $4.12 and an operating ratio of 58.2 percent.
"This quarter played out as we expected. Following our record Q2 performance, we steadily built momentum through the quarter and finished strong," said Keith Creel, CP President and Chief Executive Officer. "Thanks to our industry-leading operating model and world-class employees, we have persevered throughout 2020 and have significant momentum as we approach... More
