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

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

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

October 20, 2021 7:30 AM EDT

CALGARY, AB, Oct. 20, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced third-quarter revenues of $1.94 billion, diluted earnings per share ("EPS") of $0.70, adjusted diluted EPS1 of $0.88, an operating ratio ("OR") of 60.2 percent and an adjusted OR1 of 59.4 percent.

"The third quarter presented challenges across the supply chain, but the CP team's commitment to the foundations of precision scheduled railroading enabled us to respond quickly and effectively to changing environments," said Keith Creel, CP President and Chief Executive Officer. "We are... More