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CP - Canadian Pacific Railway News Story

C$391.51 4.5  1.2%

Last Trade - 12/08/20

Sector
Industrials
Size
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.  urn:newsml:reuters.com:*:nPn2TyshBa
    Revenue rose to C$2.04 billion from C$1.77 billion.

 (Reporting by Sanjana Shivdas in Bengaluru; Editing by Shounak
Dasgupta)
 ((SanjanaSitara.Shivdas@thomsonreuters.com; within U.S. +1 646
223 8780, outside U.S. +91 80 6749 1642; Twitter:
@SanjanaShivdas;))
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