OTTAWA (dpa-AFX) - While reporting financial results for the fourth quarter on Wednesday, Canadian Pacific Railway Ltd. (CP, CP.TO) initiated adjusted earnings growth and revenue ton miles growth guidance for the full-year 2020.
For fiscal 2020, the company now projects adjusted earnings to grow between high single-digit to low double-digit compared to 2019 adjusted earnings of $16.44 per share. It also projects mid-single digit volume growth, as measured in revenue ton miles (RTMs).
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