April 21 (Reuters) - Canadian Pacific Railway Ltd CP.TO :
* Q1 ADJUSTED EARNINGS PER SHARE C$4.42
* Q1 EARNINGS PER SHARE C$2.98
* Q1 REVENUE ROSE 16 PERCENT TO C$2.04 BILLION
* SEES FY 2019 ADJUSTED EARNINGS PER SHARE C$16.44
* QTRLY OPERATING RATIO ("OR") OF 59.2 PERCENT
* NOW EXPECTS 2020 VOLUME TO BE DOWN MID-SINGLE DIGITS
* SEES 2020 ADJUSTED DILUTED EPS TO BE ROUGHLY FLAT YEAR OVER YEAR
* CONTINUES TO EXPECT 2020 CAPITAL EXPENDITURES OF $1.6 BILLION
* QTRLY OPERATING RATIO IMPROVED BY 1,010 BASIS POINTS TO 59.2%