Shares of Canadian Pacific Railway CP were flat in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were down 20.98% year over year to $3.54, which beat the estimate of $3.47.
Revenue of $1,547,000,000 declined by 24.17% year over year, which missed the estimate of $1,590,000,000.
Looking Ahead
Canadian Pacific Railway hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Apr 21, 2021
Time: 04:30 PM
ET Webcast URL: https://produceredition.webcasts.com/starthere.jsp?ei=1440996&tp_key=4ab4a95faa
Technicals
Company's 52-week high was at $390.46
Company's 52-week low was at $211.43
Price action over last quarter: Up 2.38%
Company Description
Canadian Pacific is a CAD 7.7 billion railroad operating on 12,500 miles of track across most of Canada and into parts of the Midwestern and Northeastern United States. It is the second-smallest Class I railroad by revenue and route miles. In 2020, CP hauled shipments of grain (24% of freight revenue), intermodal containers (21%), energy products (like crude and frac sand), chemicals, and plastics (20%) coal (8%), fertilizer and potash (10%), automotive products (4%), and a diverse mix of other merchandise.
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