(Source: Freight Waves, July 22, 2020)
CHATTANOOGA, Tenn. — Canadian Pacific’s 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.
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