Canadian Pacific Railway Q2 diluted EPS down 9 percentStaff Writer |
Canadian Pacific Railway Revenues fell 12 percent to $1.45 billion
Canadian Pacific Railway announced second quarter reported diluted earnings per share (EPS) of $2.15, or $2.05 on an adjusted diluted EPS basis, and an operating ratio of 62 percent.
Revenues fell 12 percent to $1.45 billion from $1.65 billion. Operating income decreased 15 percent to $551 million from $646 million.
Operating ratio increased 110 basis points to 62 percent from 60.9 percent Reported net income declined 16 percent to $328 million; adjusted income fell 23 percent to $312 million. ■
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