On Wednesday 17 July, Canadian Pacific Railway Limited's (NYSE:CP) shares price traded between $241.81 and $246.83 during the last trading session above/below with -0.72% at $244.50. The shares recorded trading volume 1,351,823 shares as compared to its average volume of 434,779 shares. The company has 144.90M shares outstanding and market value of 34.281B.
Canadian Pacific Railway Limited (CP) (CP) recently reported record second-quarter revenues of $1.98B, an raise of 13 percent from last year, and record earnings per share (EPS) with stated diluted EPS of $5.17 or $4.30 on an adjusted diluted EPS basis.
Second-Quarter Highlights
"This quarter, we saw revenue growth across every line of business, strong operating metrics, and our best-ever second-quarter performance from a workload perspective, as measured by Gross Ton-Miles," stated Creel. "As has been proven time and again, our operating model can perform well in all economic conditions and we will remain disciplined in controlling our costs and doing what we stated we would do. Our strategy for sustainable, profitable growth is working and we look forward to a strong finish to 2k19."
The company has PEG ratio of 2.22. CP jumped 3.79% in past week and climbed 4.34% in one month. During the past three month period the stock surged 15.61% and increased 26.19% in past six month.
Canadian Pacific Railway Limited (CP) (CP) recently reported record second-quarter revenues of $1.98B, an raise of 13 percent from last year, and record earnings per share (EPS) with stated diluted EPS of $5.17 or $4.30 on an adjusted diluted EPS basis.
Second-Quarter Highlights
- Revenues raised by 13 percent to $1.98B from $1.75B last year
- Stated diluted EPS of $5.17, a 70 percent raise from $3.04 last year, and adjusted diluted EPS of $4.30, a 36 percent raise from $3.16 last year
- Operating ratio was a second-quarter record 58.4 percent, a 580 basis point improvement over last year's second-quarter operating ratio of 64.2 percent
"This quarter, we saw revenue growth across every line of business, strong operating metrics, and our best-ever second-quarter performance from a workload perspective, as measured by Gross Ton-Miles," stated Creel. "As has been proven time and again, our operating model can perform well in all economic conditions and we will remain disciplined in controlling our costs and doing what we stated we would do. Our strategy for sustainable, profitable growth is working and we look forward to a strong finish to 2k19."
The company has PEG ratio of 2.22. CP jumped 3.79% in past week and climbed 4.34% in one month. During the past three month period the stock surged 15.61% and increased 26.19% in past six month.
)
