Canadian Pacific Railway (CP) Tops Q3 EPS by 2c

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Go back to Canadian Pacific Railway (CP) Tops Q3 EPS by 2c

CP reports Q3 2015 adjusted earnings per share of $2.69

October 20, 2015 8:31 AM EDT

Reported diluted EPS of $2.04

CALGARY, Oct. 20, 2015 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced the highest-ever revenue for the third quarter, 16-percent growth in adjusted earnings per share and the lowest operating ratio for the period in the company's history.

Revenue rose to $1.71 billion, a gain of 2 percent, while the adjusted operating ratio improved 290 basis points to a record-low for the period of 59.9 percent.

"I am proud of the CP team's execution this quarter amid stubborn economic softness and the lowest... More