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More on Canadian Pacific Railway's Q2

  • Canadian Pacific Railway (NYSE:NYSE:CP) reports freight revenue decreased 2% Y/Y to C$1.61B.
  • Total carload volume down 3.05% to 668K.
  • Freight revenue per carload +1.09% to C$2,409.
  • Operating expenses decreased 8.14% to C$1.005B.
  • FY2015 Guidance: Revenue: +2% to +3%; Operaqting ratio: below 62%; Adjusted EPS: C$10.00 to C$10.40; Tax rate: 27.5%; Capex: ~C$1.5B
  • CP +2.07% premarket.
  • Q2 results

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