Canadian Pacific Railway (CP) Reports Q4 EPS of $5.06, Revenues Beat
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CP demonstrates resiliency of model and team; reports record fourth-quarter and full-year 2020 results
January 27, 2021 4:05 PM ESTCALGARY, AB, Jan. 27, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced its fourth-quarter results, including revenues of $2.01 billion, a record-low operating ratio ("OR") of 53.9 percent, diluted earnings per share ("EPS") of $5.95 and record adjusted diluted EPS of $5.06.
Fourth-quarter 2020 highlights
Revenues decreased 3 percent to $2.01 billion, from $2.07 billion in Q4 2019 OR improved by 310 basis points (bps) to 53.9 percent Diluted EPS improved 23 percent to $5.95, from $4.82 in Q4 2019, while adjusted diluted EPS rose 6 percent to record $5.06,... More