Cp reports fourth-quarter results; ready to unite a continent in 2023

Calgary, ab , jan. 31, 2023 /prnewswire/ - canadian pacific railway limited (tsx: cp) (nyse: cp) today announced its fourth-quarter results, including revenues of $2.46 billion, operating ratio ("or") of 59.8 percent, adjusted or1 of 59.1 percent, diluted earnings per share ("eps") of $1.36 and core adjusted diluted eps1 of $1.14. fourth quarter 2022 highlights revenues increased 21 percent to $2.46 billion, from $2.04 billion in q4 2021 volumes, as measured in revenue ton-miles, increased 8 percent reported or increased by 60 basis points to 59.8 percent from 59.2 percent adjusted or1, increased 160 basis points to 59.1 percent reported diluted eps increased to $1.36, from $0.74 in q4 2021 core adjusted diluted eps1 increased to $1.14, from $0.96 in q4 2021 "we finished the year with the people, capacity and resources in place to meet the needs of our customers today and are well-positioned to make history in 2023," said keith creel, cp president and ceo.
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