Canadian Pacific’s (NYSE: CP) second-quarter net profit slipped 12% amid a 9% decrease in revenue.
Net income totaled C$635 million (US$473 million), or C$4.66 in diluted earnings per share, in the second quarter of 2020, compared with C$724 million, or C$5.17 in diluted earnings per share, in the second quarter of 2019.
“The CP family of railroaders has achieved these results during some of the most challenging conditions the world has experienced in recent memory,” said CP President and CEO...
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