🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

BRIEF-Canadian Pacific Railway Sees Q3 Adjusted EPS About C$4.10

Published 2018-10-04, 09:17 a/m
© Reuters.  BRIEF-Canadian Pacific Railway Sees Q3 Adjusted EPS About C$4.10
CP
-

Oct 4 (Reuters) - Canadian Pacific Railway Ltd CP.TO :

* CP REPORTS PRELIMINARY Q3 RESULTS, RAISES 2018 GUIDANCE AND OUTLINES STRATEGY FOR DRIVING SUSTAINABLE, PROFITABLE GROWTH AT THE COMPANY'S INVESTOR DAY

* SEES Q3 ADJUSTED EARNINGS PER SHARE ABOUT C$4.10

* SEES Q3 REVENUE ABOUT C$1.9 BILLION

* SEES Q3 REVENUE UP 19 PERCENT

* CANADIAN PACIFIC RAILWAY HAD REPORTED FY 2017 ADJUSTED EARNINGS PER SHARE C$11.39

* Q3 OPERATING RATIO IS EXPECTED TO BE SUB-58.5 PERCENT

* Q3 REPORTED EPS IS EXPECTED TO BE APPROXIMATELY $4.35

* Q3 ADJUSTED EPS IS EXPECTED TO BE APPROXIMATELY $4.10

* SEES VOLUME COMPOUND ANNUAL GROWTH RATE (CAGR) OF MID-SINGLE DIGITS, MEASURED IN REVENUE TON-MILES FOR 2018-2020

* SEES DOUBLE-DIGIT CAGR IN ADJUSTED DILUTED EPS FOR 2018-2020

* SEES CAPITAL EXPENDITURES OF APPROXIMATELY $1.6 BILLION PER YEAR FOR 2018-2020

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.