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BRIEF-Cp Sees Q3 Revenue About C$1.9 Billion, Up 19 Pct

Published 2018-10-04, 07:46 a/m
© Reuters.  BRIEF-Cp Sees Q3 Revenue About C$1.9 Billion, Up 19 Pct
CP
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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 FY 2017 ADJUSTED EARNINGS PER SHARE C$11.39

* SEES Q3 REVENUE ABOUT C$1.9 BILLION

* SEES Q3 REVENUE UP 19 PERCENT

* 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

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