PRTODAY / NewswireToday Free press release distribution service network

More news: Transportation
Written by / Agency / Source: Canadian Pacific Railway

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Canadian Pacific Announces Improved Third-quarter 2012 Results - Canadian Pacific Railway Limited announced its third-quarter 2012 results with reported net income of $224 million (TSX: CP) (NYSE: CP) - CPR.ca
Canadian Pacific Announces Improved Third-quarter 2012 Results

 

NewswireToday - /newswire/ - Calgary, Alberta, Canada, 2012/10/24 - Canadian Pacific Railway Limited announced its third-quarter 2012 results with reported net income of $224 million (TSX: CP) (NYSE: CP) - CPR.ca. TSX, NYSE: CP

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Transportation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Canadian Pacific Railway Limited today announced its third-quarter 2012 results with reported net income of $224 million, an increase of $37 million, or 20 per cent and diluted earnings per share of $1.30, an increase of $0.20, or 18 per cent, when compared to third-quarter 2011.

For the nine months of 2012 Canadian Pacific’s net income was $469 million, an increase of $120 million, or 34 per cent and diluted earnings per share of $2.72, an increase of $0.68, or 33 per cent, when compared to the same period last year.

E. Hunter Harrison, President and Chief Executive Officer said,“Momentum is building at Canadian Pacific. We have implemented new services; closed terminals and certain yard operations; and we’ve put a new leadership team in place. The team has made significant progress on operational improvements, controlling costs and on delivering results. And this is just the beginning.”

Q3 2012 Earnings Release and Financial Reports

THIRD-QUARTER 2012 RESULTS COMPARED WITH THIRD-QUARTER 2011

• Total revenues were $1.5 billion, an increase of $110 million or 8 per cent;
• Operating expenses were $1.1 billion, an increase of $58 million or 6 per cent;
• Operating income was $376 million, an increase of $52 million or 16 per cent;
• Operating ratio was 74.1 per cent, an improvement of 170 basis points.

Conference Call Information
CP will discuss its results with analysts in a conference call beginning at 11:00 am. Eastern time (9:00 am. Mountain time) on October 24, 2012.

Conference call access
Toronto participants dial in number: (647) 427-7452
Operator assisted toll free dial in number: 1-888-231-8193
Callers should dial in 10 minutes prior to the call

Webcast
For those with Internet access we encourage you to listen via CP’s website at cpr.ca. To access the webcast and the presentation material, click on “Invest In CP” tab.

A replay of the conference call will be available by phone through November 21, 2012 at 416-849-0833 or toll free 1-855-859-2056, password 35137957. A webcast of the presentation and an audio file will be available at cpr.ca under “Invest In CP” tab.

About Canadian Pacific
Canadian Pacific (cpr.ca) operates a North American transcontinental railway providing freight transportation services, logistics solutions and supply chain expertise. Incorporating best-in-class technology and environmental practices, CP is re-defining itself as a modern 21st century transportation company built on safety, service reliability and operational efficiency.

Contact:
Janet Weiss, Investment Community
T: 403-319-3591 - E: investor[.]cpr.ca.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Transportation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Canadian Pacific Railway

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Transportation articles,
CATCH Visitors via Your Competitors Announcements!


Canadian Pacific Announces Improved Third-quarter 2012 Results

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Canadian Pacific |
Publisher Contact: Ed Greenberg - CPR.ca 
612-849-4717 / 855-242-3674 ed_greenberg[.]cpr.ca
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Canadian Pacific Railway securities in any jurisdiction including any other companies listed or named in this release.

Transportation via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Canadian Pacific Railway / Company Profile


Read Transportation Most Recent Related Newswires:

Alstom Obtains EBA Certification for its Concrete Slab Track Solution for Main Lines
Transformational Shifts in Vehicle Automation and Digitalization to Shape the Future of the Rail Market Finds Frost & Sullivan
Transdev Awards New Flyer a Contract for up to 47 Xcelsior® Buses
MERMEC Joins Transpod, Inc. in Hyperloop System Development
Adelaide Airport Chooses SITA Smart Technology for the Future
Thales Enters into Exclusive Negotiations to Sell its Revenue Collection Solutions and Road Tolling and Car Park Management Systems Business
Alstom to Supply Traction and Train Control Monitoring Systems for the Phase 2 of Shanghai Metro Line 10
Philippines Gateway Airport Takes First Steps to 'Fast Travel' with SITA Tech
Alstom to Supply 22 Citadis Trams to The STIF for Line T9 in Ile-de-France
New Flyer’s 60-Foot Electric Bus will be the Industry-First to Test At Altoona
Alstom Supplied Traction System to Newly Opened Xi’an Metro Line 3 in China
Alstom and Carbone 4 Measured the Carbon Footprint of The Tramway Versus Bus Rapid Transit Systems
Alstom to Supply 24 Trains for Southern Germany
SITA Delivers ‘Always-on WiFi’ to Scandinavian Airlines
Alstom to Supply A New Generation of Metros to Greater Lyon

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)