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            june 15, 2019

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Canadian Pacific third quarter revenue up record 19pc to US$1.46 billion


The Canadian Pacific Railway Limited without providing any profit figures declared that third quarter revenue increased 19 per year on year to an all-time record high of C$1.9 billion (US$1.46 billion).
Operating ratio is expected to be sub-58.5 per cent Reported diluted earnings per share (EPS) is expected to be $4.35 and adjusted diluted EPS is expected to be . $4.10, the highest in the company's history.
Due to a record-setting third quarter and a strong outlook for the remainder of the year, CP is also raising its 2018 full-year guidance, said a company statement.
Said CP president and CEO Keith Creel: "Simply put, we have rebuilt the engine at CP and are leveraging the strengths of our franchise to drive growth. Our continued success comes from our commitment to the precision scheduled railroading model."

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