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Stock impact report

Canadian Pacific Railway posts 5.7% fall in profit, sees flat 2020 earnings [Reuters]

Canadian Pacific Railway Limited (CP) 
Last canadian pacific railway limited earnings: 4/21 04:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.cpr.ca/financials/default.aspx
Company Research Source: Reuters
Canadian Pacific Railway posts 5.7% fall in profit, sees flat 2020 earnings April 21 (Reuters) - Canadian Pacific Railway Ltd, the country’s second largest railroad operator, posted a 5.7% fall in quarterly profit on Tuesday, and warned it expects full-year adjusted earnings to be flat compared to last year due to the coronavirus pandemic. The company’s net income fell to C$409 million, or C$2.98 per share, in the first quarter ended March 31, from C$434 million, or C$3.09 per share, a year earlier. Revenue rose to C$2.04 billion from C$1.77 billion. (Reporting by Sanjana Shivdas in Bengaluru; Editing by Shounak Dasgupta) Show less Read more
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