UPDATE 2-Canadian Pacific Railway sees flat 2020 earnings on coronavirus hit [Reuters]
Canadian Pacific Railway Limited (CP)
Last canadian pacific railway limited earnings: 4/21 04:24 pm
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US:NYSE Investor Relations:
investor.cpr.ca/financials/default.aspx
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Source: Reuters
UPDATE 2-Canadian Pacific Railway sees flat 2020 earnings on coronavirus hit (Adds details on operating ratio, background, compares with estimates) April 21 (Reuters) - Canadian Pacific Railway Ltd said on Tuesday it expects full-year adjusted earnings to be flat due to the coronavirus pandemic and warned of rapidly slowing crude volumes. Following the hit from the virus outbreak on business operations, Canada’s second-largest railroad operator now expects overall volumes to be down mid-single digits in 2020. “We are expecting low demand environment in North America and globally until recovery starts to ramp back up,” a company executive said on a post-earnings conference call. In the event of an extended or more widespread outbreak of the coronavirus, ratings agency Moody’s has warned railroads in North America will face lower demand for freight services, as the pandemic disrupts supply chains and slows down economic activity. Oil inventories have been building for weeks after Saudi
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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