Canadian Pacific Railway logo

CP - Canadian Pacific Railway News Story

C$391.51 4.5  1.2%

Last Trade - 12/08/20

Large Cap
Market Cap £30.22bn
Enterprise Value £35.57bn
Revenue £4.54bn
Position in Universe 12th / 2677

Canadian Pacific Railway posts 5.7% fall in profit, sees flat 2020 earnings

Tue 21st April, 2020 9:35pm
April 21 (Reuters) - Canadian Pacific Railway Ltd  CP.TO ,
the country's second largest railroad operator, posted a 5.7%
fall in quarterly profit on Tuesday, and warned it expects
full-year adjusted earnings to be flat compared to last year due
to the coronavirus pandemic.
    The company's net income fell to C$409 million, or C$2.98
per share, in the first quarter ended March 31, from C$434
million, or C$3.09 per share, a year earlier.*:nPn2TyshBa
    Revenue rose to C$2.04 billion from C$1.77 billion.

 (Reporting by Sanjana Shivdas in Bengaluru; Editing by Shounak
 ((; within U.S. +1 646
223 8780, outside U.S. +91 80 6749 1642; Twitter:
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.