CP Rail slashes outlook as pandemic, protests take toll on first-quarter profit [Toronto Globe and Mail (Ontario, Canada)]
Canadian Pacific Railway Limited (CP)
Last canadian pacific railway limited earnings: 4/21 04:24 pm
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Source: Toronto Globe and Mail
CP Rail slashes outlook as pandemic, protests take toll on first-quarter profit A Canadian Pacific Rail maintenance worker climbs onto a locomotive at the company's Port Coquitlam yard east of Vancouver on May 23, 2012. DARRYL DYCK/The Canadian Press A Canadian Pacific Rail maintenance worker climbs onto a locomotive at the company's Port Coquitlam yard east of Vancouver on May 23, 2012. Canadian Pacific Railway Ltd. has slashed its earnings outlook for the rest of the year as the COVID-19 pandemic has caused the North American economy to slow and rail shipments to plummet. The Calgary-based railway reported its first-quarter results on Tuesday and said it expects revenue ton miles will fall by about 5 per cent this year, while adjusted profit will be flat compared with 2019. Keith Creel, CP’s chief executive officer, told analysts on a conference call the company’s strong balance sheet and ample liquidity will ensure the company survives the crisis and emerges in good shape. “We’r
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CP
Earnings
- 10/29/25 - Beat
CP
Sec Filings
- 10/31/25 - Form 8-K
- 10/30/25 - Form 10-Q
- 10/29/25 - Form 8-K
- CP's page on the SEC website