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On strength of safety and service CP reports record Q2 revenues of $2.05 billion


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CALGARY, AB, July 28, 2021 /CNW/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced second-quarter operating results, including record Q2 revenues of $2.05 billion, an operating ratio ( OR ) of 60.1 percent, record Q2 adjusted OR of 55.3 percent, record diluted earnings per share ( EPS ) of $1.86 and record adjusted diluted EPS of $1.03.
Our industry-leading team of railroaders delivered another record quarter. I am particularly proud of our all-time record safety performance made possible by the collective efforts of the over 12,000-strong CP family, said Keith Creel, CP President and Chief Executive Officer. The robust base demand environment coupled with our unique growth opportunities has CP extremely well positioned as we head into the second half of the year. ....

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CP reports solid first-quarter 2021 results; positive momentum heading into the second quarter


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CALGARY, 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 demonstrated resiliency through winter and delivered a record March. Our 12,000-strong team continues to deliver, no matter the obstacles, and I am extremely proud of their efforts. ....

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CP demonstrates resiliency of model and team; reports record fourth-quarter and full-year 2020 results


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CALGARY, AB, Jan. 27, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced its fourth-quarter results, including revenues of $2.01 billion, a record-low operating ratio ( OR ) of 53.9 percent, diluted earnings per share ( EPS ) of $5.95 and record adjusted diluted EPS of $5.06.
Fourth-quarter 2020 highlights
OR improved by 310 basis points (bps) to 53.9 percent
Diluted EPS improved 23 percent to $5.95, from $4.82 in Q4 2019, while adjusted diluted EPS rose 6 percent to record $5.06, from $4.77 in Q4 2019
With a foundation of strong operational performance and a commitment to controlling what we can, the team continues to deliver, said Keith Creel, CP President and CEO. Despite the continued COVID-19 impacts, volumes steadily improved over the second half of 2020 and we saw revenue ton mile ( RTM ) growth in the fourth quarter. ....

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