CP reports third-quarter revenue growth of 4 percent; maintains full-year adjusted diluted EPS guidance

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Go back to CP reports third-quarter revenue growth of 4 percent; maintains full-year adjusted diluted EPS guidance

Canadian Pacific Railway (CP) Misses Q3 EPS by 6c

October 20, 2021 7:34 AM EDT

Canadian Pacific Railway (NYSE: CP) reported Q3 EPS of Cdn$0.88, Cdn$0.06 worse than the analyst estimate of Cdn$0.94. Revenue for the quarter came in at Cdn$1.94 billion versus the consensus estimate of Cdn$1.97 billion.

Updated outlook:

CP now expects low single-digit volume growth in 2021, as... More