Canadian Pacific Railway (CP) Tops Q1 EPS by 14c
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CP reports solid first-quarter 2021 results; positive momentum heading into the second quarter
April 21, 2021 4:05 PM EDTCALGARY, AB, April 21, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced first-quarter operating results, including revenues of $1.96 billion, an operating ratio ("OR") of 60.2 percent, adjusted OR of 58.5 percent, diluted earnings per share ("EPS") of $4.50 and adjusted diluted EPS of $4.48.
"The strong demand environment, particularly across bulk, merchandise and domestic intermodal, coupled with our commitment to the foundations of precision scheduled railroading enabled our success in the first quarter," said Keith Creel, CP President and Chief Executive Officer. "The CP family... More
