Recap: Canadian Pacific Railway Q2 Earnings

Recap: Canadian Pacific Railway Q2 Earnings

 

Canadian Pacific Railway CP reported its Q2 earnings results on Thursday, July 28, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Canadian Pacific Railway missed estimated earnings by 7.5%, reporting an EPS of $0.74 versus an estimate of $0.8.

Revenue was up $54.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.27 which was followed by a 3.89% increase in the share price the next day.

Here's a look at Canadian Pacific Railway's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.80 0.80 0.8 0.82
EPS Actual 0.53 0.75 0.7 0.84
Revenue Estimate 1.65B 1.65B 1.65B 1.66B
Revenue Actual 1.45B 1.61B 1.53B 1.67B

To track all earnings releases for Canadian Pacific Railway visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews