Canadian Pacific Railway Limited - Services | Railroads | Canada
Canadian Pacific (CP) Q4 Earnings Beat Estimates, Rise Y/Y
Shares of Canadian Pacific Railway Limited CP closed yesterday’s trading session 1% higher following its outperformance in fourth-quarter 2019 results.
The company’s earnings (excluding 4 cents from non-recurring items) of $3.61 per share (C$4.77) surpassed the Zacks Consensus Estimate of $3.55. Quarterly earnings also increased 5% year over year despite higher operating expenses.
Quarterly revenues of $1,567.6 million (C$2.07 billion) surpassed the Zacks Consensus Estimate of $1,551.5 million. The top line also inched up 3% year over year on rise in freight revenues.
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https://finance.yahoo.com/news/canadian-...03615.html
Canadian Pacific (CP) Q4 Earnings Beat Estimates, Rise Y/Y
Shares of Canadian Pacific Railway Limited CP closed yesterday’s trading session 1% higher following its outperformance in fourth-quarter 2019 results.
The company’s earnings (excluding 4 cents from non-recurring items) of $3.61 per share (C$4.77) surpassed the Zacks Consensus Estimate of $3.55. Quarterly earnings also increased 5% year over year despite higher operating expenses.
Quarterly revenues of $1,567.6 million (C$2.07 billion) surpassed the Zacks Consensus Estimate of $1,551.5 million. The top line also inched up 3% year over year on rise in freight revenues.
...
https://finance.yahoo.com/news/canadian-...03615.html